AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Pakistan’s Oil Marketing Companies (OMCs) recorded a remarkable increase in sales during September 2025, with volumes reaching 1.4 million tons. This marks an 8% rise year-on-year and a 5% increase month-on-month. The year-on-year growth was largely driven by a gradual economic recovery and decreased smuggling activities from Iran. The month-on-month rise was attributed to a lower base effect, as August sales were impacted by widespread floods and monsoon rains.
For the first quarter of the fiscal year 2026, total sales for OMCs climbed to 3.9 million tons, showing a 6% increase compared to 3.7 million tons in the same period last year. Excluding Furnace Oil (FO) sales, September 2025 saw a 13% year-on-year and 6% month-on-month increase, totaling 1.36 million tons. For the quarter, Ex-FO sales reached 3.8 million tons, reflecting an 11% year-on-year rise.
In terms of pricing, Motor Spirit (MS) remained steady at Rs264.61 per litre, while High Speed Diesel (HSD) prices decreased by 3%, from an average of Rs279.41 per litre to Rs271.38 per litre. MS sales experienced an 8% year-on-year and 1% month-on-month increase to 683,000 tons, whereas HSD sales surged 20% year-on-year and 13% month-on-month to 592,000 tons.
Furnace Oil sales, however, saw a significant decline in September 2025, falling by 81% year-on-year and 29% month-on-month to 13,000 tons, with companies like CYNERGY, Pakistan State Oil (PSO), and Pearl PARCO leading in FO sales.
Among listed companies, Attock Petroleum’s (APL) September sales stood at 116,000 tons, a 2% year-on-year and 3% month-on-month increase, primarily due to higher HSD sales. APL’s market share in MS and HSD was 8.15% and 8.94% respectively, with slight changes compared to previous months.
PSO witnessed a 4% year-on-year and month-on-month rise in sales, reaching 570,000 tons in September. While its market share in MS and HSD slightly decreased, PSO’s overall market share dropped from 42.07% in August to 41.57% in September, driven by a decrease in MS market share.
Wafi Energy Pakistan Limited (WAFI) recorded a notable 25% year-on-year and 9% month-on-month sales increase, totaling 117,000 tons. Meanwhile, HASCOL’s sales reached 43,000 tons, up 2% year-on-year and 3% month-on-month.
Looking ahead, oil sales in fiscal year 2026 are expected to grow by 7-10%. The government has set its Petroleum Development Levy (PDL) target at Rs1.47 trillion for FY26, with Rs357 billion, or 24%, already collected in the first quarter, according to industry estimates.