ISLAMABAD: The petroleum dealers association on Wednesday withdraw their protest strike call after a government team agreed to increase their margins on sale of petroleum products by 6 per cent within a few days.

The association had given a countrywide strike call for November 5 against inability of the government to increase their margins for two years. They met the government team led by Energy Minister Hammad Azhar in which the petroleum division agreed to increase the margins by 6pc this month.

The meeting constituted a committee led by petroleum secretary Dr Arshad Mahmood to ensure implementation of the agreement for increase in the margins through approvals from the Economic Coordination Committee and the federal cabinet over the next 10 days.

The government team also included the chairman of the Oil and Gas Regulatory Authority and the director general oil.

The dealers said they were calling off their protest but would go on a strike from Nov 20 if agreed increase in margins was not notified.

Published in Dawn, November 4th, 2021


27 Nov 2021

Supporting ECP

ALTHOUGH the government bulldozed legislation on electronic voting machines through parliament, the reality is that...
27 Nov 2021

Forgiving the Taliban

IF there is one takeaway from Thursday’s gathering of more than 1,000 Shia Hazaras in Kabul, it is the call given...
Living in fear
Updated 27 Nov 2021

Living in fear

THE registration of a blasphemy case against four members of a family from a village on the outskirts of Lahore has...
26 Nov 2021

State Bank’s projections

THE macroeconomic projections listed by the State Bank of Pakistan in its annual report on the nation’s economy...
Ad distribution
Updated 26 Nov 2021

Ad distribution

If present govt can muster will to achieve this task it would set a solid precedent that no future govt would find easy to undo.
26 Nov 2021

Messy passengers

NEWS that passengers on a PIA flight from Manchester to Islamabad left so much litter on the plane that it led to a...