Local supply solution aims to reduce import spend and create refinery-to-consumer efficiencies
Pakistan & Dubai, UAE — Feb 22 2026
Pakistan’s petroleum import bill remains a major fiscal pressure: provisional imports for July–February FY2022–23 totaled $40,118 million versus $52,452 million in the same period the prior year. Supply restrictions, price volatility and the influx of competitively priced Russian fuel have created gaps between demand and available imported product. At the same time, locally available petroleum by‑products notably solvent, MTT and low‑sulphur furnace oil are under‑utilized in paint, thinner, rubber and other industrial segments. Ensure is addressing that gap.
What the Startup Delivers?
Ensure Petroleum Pvt Ltd is a Pakistan‑based initiative that connects local industrial buyers with indigenous petroleum by‑products as direct substitutes for select imported fuels and feedstocks. By building supply chains, holding environmental licenses and registering with main refineries, Ensure aims to lower costs for buyers, improve margin capture for local suppliers, reduce transportation expense through localized logistics and, over time, evolve into an Oil Marketing Company (OMC).
Why Now?
Imported product prices remain elevated and logistics constraints increase delivery times and costs. Local refinery by‑products are both technically compatible with many industrial uses and more readily available if channeled through an organized local supplier network. These conditions create an immediate opportunity to substitute imports with cheaper local alternatives and reduce foreign exchange outflows.
Program Plan (first 30–60 days)
Through EquityPilot, Ensure will focus on:
- Commercial due diligence and formalizing supply agreements with registered refineries.
- Validating safety, environmental and licensing compliance across initial product lines.
- Piloting deliveries with early adopter customers in paint, rubber and chemical sectors using in‑house logistics.
- Refining pricing, packaging and go‑to‑market messaging to accelerate buyer adoption.
Leadership Comment
Hesham Zreik, Founder and CEO of FasterCapital, said: ‘We’re excited to support Ensure through EquityPilot. Our team will focus on execution milestones and connecting the startup with the right ecosystem stakeholders.’
Founder / Team & Credibility Ensure’s founding team comprises experienced petroleum professionals and environmental license holders with a decade of operating in local solvent and MTT markets. The company reports a pipeline of 300+ customers and projects 3,000 kl monthly volumes as an early traction target, supported by proprietary logistics and refinery relationships.
Competitive landscape
The category has limited localized solution providers due to licensing, technical knowledge and regulatory complexity. Ensure differentiates with decade‑long environmental authorizations, direct refinery access and a logistics‑forward commercialization model.
Next 90 Days
- Execute pilot commercial deliveries and gather customer validation.
- Finalize 8‑vehicle logistics rollout and prove unit economics for quick cost recovery.
- Scale customer onboarding toward the stated volume projection and prepare governance steps toward an OMC roadmap.
About Ensure
Ensure is a petroleum‑based initiative in Pakistan that reduces imports by exchanging indigenous by‑products for industrial use and building a localized supply chain. The team’s experience in solvent, MTT and low‑sulphur furnace oil markets, combined with environmental licensing and refinery registrations, underpins its near‑term commercial model and longer‑term vision to evolve into an OMC.
About FasterCapital
FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, we are now #1 venture builder in terms of number of startups that we have helped, money invested and money raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support. The EquityPilot program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.