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Home Business

Petroleum dealers announce countrywide strike on July 22

by News Publishing
July 20, 2023
in Business
Reading Time: 1 min read
0
Petroleum dealers announce countrywide strike on July 22
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The Pakistan Petroleum Dealers Association (PPDA) planned an indefinite strike beginning July 22.

According to an official notification issued by PPDA Chairman Abdul Sami Khan, the association has requested that the government enhance the fee paid to distributors.

According to the notification, the group wrote to the Minister of Petroleum, Musadik Malik, to bring this and other matters to his attention. However, the minister never reacted to the objections of the association.

Currently, the government charges dealers a 2.4 per cent commission for every litre.

According to the group, the strike will continue until the energy ministry takes concrete action.

Earlier, the oil marketing companies (OMCs) had written a letter to the Oil Companies Advisory Committee (OCAC) to the federal government, demanding to set OMC’s margin for petrol and high-speed diesel (HSD) at Rs12 per litre.

It was learnt that the dealers’ commission had been increased by more than 25% to Rs7 per litre in 2022, witnessing a hike in OMC’s margins from Rs3 and Rs3.68 per litre on petrol and HSD to Rs6 per litre in November 2022.

Tags: latestPetroleum DealersPPDA
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