ISLAMABAD: Pakistan’s Sindh government and the federal government discussed energy conservation measures amid a sharp rise in global oil prices on Sunday, the Sindh chief minister’s spokesperson said, as the conflict between Iran, Israel and the US intensifies.
Fuel prices jumped more than 10 percent worldwide this week as oil rose above $90 a barrel, the highest in years. Pakistan on Friday increased petrol and diesel prices by Rs55 ($0.20) per liter each, as key energy shipping routes such as the Strait of Hormuz remain disrupted.
Finance Minister Muhammad Aurangzeb and Petroleum Minister Ali Pervaiz Malik met Sindh Chief Minister Murad Ali Shah and other senior members of the Sindh government in Karachi. Participants reviewed the impact of escalating tensions in Iran on Pakistan’s energy supplies and the overall economic situation of the country.
Information Minister Attaullah Tarar said on Saturday that the prime minister has asked his administration to formulate a strategy for fuel conservation and austerity in government affairs within 48 hours.
“The Sindh chief minister and federal ministers discussed emergency conservation measures to deal with a potential energy crisis,” the chief minister’s spokesperson said in a statement.
