Pakistan introduces study to establish strategic petroleum reserves
Pakistan has initiated a feasibility study for establishing Strategic Petroleum Reserves (SPR), with international energy consultancy Wood Mackenzie selected to conduct the assessment following a competitive bidding process that attracted four propos
August 25, 2026 (MLN): Pakistan has initiated a feasibility study for establishing Strategic Petroleum Reserves (SPR), with international energy consultancy Wood Mackenzie selected to conduct the assessment following a competitive bidding process that attracted four proposals. Federal Minister for Petroleum Ali Pervaiz Malik chaired the kick-off meeting, where officials reviewed the study’s scope, objectives, implem...