Govt to build 15-day furnace oil stock: The News

By Khalid Mustafa

ISLAMABAD: The government has decided to minimise power disruption across the country for which furnace oil stock will be increased to 10 to 15 days from existing nine days, which is not sufficient to ensure planned thermal power generation, a senior official told The News.

“For increasing furnace oil stock a decision will be taken in a meeting of the Economic Coordination Committee here on Tuesday,” he said. Overall average stock of petroleum products has already increased from 12 to 16 days.

The Pakistan Electric Power Company (PEPCO) needs 30,000 tonnes of furnace oil to run its power houses at 100 per cent capacity. Presently, the stock is available for nine days and the Ministry of Water and Power wants it to be raised from nine to 15 days. This means that reserves should be at 500,000 tonnes.

If this is ensured, then PEPCO would be able to tackle current electricity loadshedding, which has already been reduced.

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