March refinery throughput rises 13% year-on-year

Pakistan’s oil refining sector played a pivotal role in averting a potential fuel supply crisis during peak diesel demand months, as local refineries ramped up production and ensured uninterrupted availability across the country, according to research by Arif Habib Limited. Refinery throughput increased 13 percent year-on-year to 972,000 tons in March 2026, compared to 860,000 tons in the same period last year, driven by higher output of key transport fuels. High-speed diesel (HSD) and motor spirit (MS) led the increase, with volumes rising 26.8 percent YoY to 491,000 tons and 25.1 percent YoY to 239,000 tons, respectively. The sustained rise in production during a period of elevated demand helped maintain supply stability and avoid disruptions seen in other markets. Industry participants noted that local refineries maintained higher utilisation levels and responded proactively to increased demand, particularly for diesel, which is critical for transport, agriculture, and industrial activity.