Petroleum dealers threaten to go on strike

Published November 3, 2021
A view of a closed fuel station in Sargodha. — APP/File
A view of a closed fuel station in Sargodha. — APP/File

KARACHI: Petroleum dealers on Tuesday threatened to close down fuel stations across the country from November 5 if the government did not increase petrol commission to six per cent.

Addressing a press conference at the Karachi Press Club on Tuesday, Abdul Sami Khan and Malik Khuda Bukhsh, senior office-bearers of the Pakistan Petroleum Dealers Association (PPDA), said the government had promised to raise petroleum commission to 5pc from the current 2.5pc per litre of petrol.

However, so far no decision has been taken on the issue by the government in the last two years.

The PPDA representatives said dealers do not want any increase in the prices of petroleum products on the basis of any hike in petroleum commission. PPDA has been demanding an increase in margin with the help of adjustment in petroleum levy and sales tax.

They added operating fuel stations had become difficult now after manifold increase in cost of doing business due to rising power tariff and labour charges.

They said petroleum dealers cannot operate on Rs2 per litre commission on diesel and petrol as the actual commission comes to 50 paisa per litre after paying heavy power bills and other running expenses.

PPDA said the dealers have no choice but to close down the pumps in view of skyrocketing operating cost and very low profit margins.

Published in Dawn, November 3rd, 2021

Now you can follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Delay in the offing?
Updated 03 Feb, 2023

Delay in the offing?

Govt must realise that political stability in the country cannot be achieved by extra-constitutional actions.
Divisions in PML-N
03 Feb, 2023

Divisions in PML-N

DISCORD and drama in PML-N ranks escalated this week when Shahid Khaqan Abbasi revealed he no longer holds a party...
Wikipedia ‘downgrade’
03 Feb, 2023

Wikipedia ‘downgrade’

ATTEMPTS to police the internet by states, often by giving opaque justifications for the action, are never a good...
Mianwali raid
Updated 02 Feb, 2023

Mianwali raid

The military needs to share intelligence with civilian agencies to neutralise the militant menace nationwide.
Corruption unlimited
02 Feb, 2023

Corruption unlimited

PAKISTAN’S consistent slide on Transparency International’s Corruption Perceptions Index over the last several...
Women police officers
02 Feb, 2023

Women police officers

IN a heartening development, a second female police officer has been appointed as DPO in Attock, weeks after the...