Pakistan’s government has imposed a complete ban on high-speed diesel (HSD) imports by private oil marketing companies, effectively nationalizing the import channel for the fuel.
Under the new directive, Pakistan State Oil (PSO) is designated as the sole importer of diesel for the fiscal year 2027.
The move consolidates control over a critical energy input, removing private sector discretion from the procurement process.
The policy shift signals a tightening of state oversight in the energy sector, likely aimed at managing foreign exchange outflows and stabilizing domestic fuel pricing.
By centralizing imports through a state-owned entity, Islamabad gains greater leverage over supply volumes and cost structures, though it also assumes the full burden of procurement risk.
Private oil marketing companies, previously active in diesel sourcing, will now be restricted to distribution and retail operations.