ISLAMABAD: The federal government is exploring the possibility of introducing work-from-home (WFH) arrangements as part of a national strategy to conserve fuel, following concerns about possible oil supply disruptions in the Middle East after recent US-Israel strikes on Iran, sources revealed on Thursday.
The ongoing tensions between the United States and Iran, which escalated last Saturday, have disrupted shipping activity in the Strait of Hormuz. This strategic waterway carries nearly 20% of the world’s seaborne crude oil shipments, along with large quantities of liquefied natural gas (LNG). Iran’s Revolutionary Guards claimed on Wednesday that they have “full control” of the strait.
Sources indicate that the government has begun drafting a comprehensive energy conservation plan. One of the proposals being examined includes adopting remote working systems similar to those used during the COVID-19 pandemic.
Authorities are also considering moving educational institutions to online learning in March to reduce transportation-related fuel usage. In the corporate sector, companies may be advised to allow employees to work remotely at least two days a week.
Officials are reportedly discussing a policy under which only essential staff would be required to attend offices during March, with minimum workforce levels maintained at workplaces.
The government is also reviewing additional fuel-saving measures, including encouraging employees to carpool in order to cut down on fuel consumption.
Telecommunication and IT companies have likewise been advised to explore remote working options for staff twice a week.
Earlier, Finance Minister Muhammad Aurangzeb informed the Senate Standing Committee on Finance that Pakistan currently has around 28 days’ worth of petrol and diesel reserves, about 10 days of crude oil supplies, and approximately 15 days of LPG stocks.
While briefing the committee chaired by Senator Salim Mandviwala on the country’s economic outlook, Aurangzeb noted that the government is examining fuel conservation policies similar to those implemented during the COVID-19 period.
Officials are also debating the possibility of revising petroleum prices on a weekly basis. According to sources, the aim of such a system would be to discourage fuel hoarding by dealers who might otherwise stockpile supplies ahead of anticipated price hikes.
