However, the Energy and Mineral Resources Division has said the proposed policy does not create any scope for providing special privileges to any individual, company or particular group.
The division's Deputy Chief Information Officer, Muhammad Arif Sadek, disclosed the information in a press release on Saturday.
According to the release, the primary objective of the draft ‘Policy on Import, Storage, Transportation, Distribution and Marketing of Refined Petroleum Products in the Private Sector, 2026’ is to strengthen the country's energy security and ensure an uninterrupted supply of petroleum products.
The proposed policy also seeks to establish a transparent and competitive market by utilising the infrastructure and investment capacity of the private sector, alongside the government's existing mechanisms, particularly during emergencies or periods of crisis.
The Energy Division said the policy has not yet been finalised and remains under formulation. A final decision will be taken after collecting opinions and recommendations from all relevant stakeholders, it said.
The division said such a policy would be considered only if it serves the public interest, ensures national energy security, establishes a competitive market and guarantees transparency and accountability.
Meanwhile, the press release said speculative and inaccurate information regarding the proposed policy has recently been circulated through various media outlets and social media platforms.
The Energy and Mineral Resources Division urged all concerned to act responsibly when publishing or disseminating information about the proposed policy.
The division reiterated that since the policy is still under formulation and has not yet been finalised, there is no question of providing special privileges to any individual, company or group through the proposed policy.
