ISLAMABAD: In a landmark reform, the government will launch real-time digital tracking of every litre of petroleum products — from import and production to storage, transport, and final sale — within a month, in a bid to curb rampant smuggling, theft, misappropriation, and adulteration, which are estimated to cause annual revenue losses of Rs300-500 billion.

A senior government official told Dawn that the National Assembly passed the Petroleum (Amendment) Act 2025 on Wednesday, empowering authorities to deploy information technology-based systems for continuous monitoring of petroleum products. The law aims to coordinate the efforts of various enforcement agencies to regulate storage, transportation, and sale, both jointly and independently.

The new legislation amends the nearly century-old Petroleum Act 1934, introducing provisions for digital tracking and granting enforcement powers to deputy commissioners, assistant commissioners, and designated officers under the Customs Act 1969, allowing them to seize smuggled or illegally stored fuel and related infrastructure before and after........

© Dawn Business