“Profit margin could not be increased by Rs9 per litre to appease few companies,” says the minister
By Web Desk
November 25, 2021
ISLAMABAD: Rejecting the Pakistan Petroleum Dealers Association’s (PPDA) demand for rising their margin, Energy Minister Hammad Azhar Thursday mentioned that the federal government wouldn’t bow to the “illegitimate demands”.
A day earlier, the Pakistan Petroleum Dealers Association (PPDA) had introduced they’d go on a strike from as we speak (Thursday) until an indefinite interval to demand a rise within the margin on the sale of petroleum merchandise.
In a press release, Hammad Azhar mentioned that some parts needed the federal government to extend revenue margin by Rs9 per litre on the sale of petroleum merchandise within the garb of the strike.
A summary regarding the rise within the revenue merging of petroleum sellers has already been moved to Economic Coordination Committee, the minister mentioned, including that the subsequent assembly of the ECC would resolve the matter.
“Profit margin could not be increased by Rs9 per litre to appease few companies,” he added. The authorities is conscious of the issues of the homeowners of petrol pumps, the minister mentioned, including that the litigate calls for of the sellers will probably be accepted by the federal government.
He urged the homeowners of petrol pumps to comprehend the plight of the plenty and evaluate their choice.
Panic grips Pakistan as most petrol pumps stay closed
Earlier as we speak, lengthy queues, brawls and visitors jams had been witnessed at petrol pump stations throughout Pakistan because the strike introduced by petroleum sellers triggered panic shopping for.
“Petrol pumps across the country will remain closed today,” the Petroleum Dealers Association secretary had mentioned Wednesday. “The government did not accept our demands. Till the government does not increase the dealers’ margin to 6%, we will not negotiate with them,” he added.
He alleged that the federal government had offered assurances of fulfilling sellers’ calls for however to this point, had not spoken to them.
On the opposite hand, some main oil advertising and marketing corporations have introduced to maintain their shops open.
The provide of petroleum merchandise will proceed within the nation tomorrow (Thursday) on the pumps operated by PSO, Hesco, GO and Shell, the Ministry of Energy mentioned.
In Karachi, commuters rushed to the petrol pumps to get their gas tanks stuffed in lengthy queues, which disrupted the visitors motion on main arteries of Karachi.
Citizens had been nervous Thursday morning over not discovering petrol at petrol stations throughout the town. “We searched far and wide for petrol, from Clifton to Liaquatabad, but could not get any,” mentioned one commuter, talking to Geo News.
Another citizen mentioned he had arrived at Liaquatabad from Sohrab Goth to seek out petrol. However, he needed to return empty-handed. “The non-availability of petrol has increased our problems,” he mentioned.
The few petrol pumps within the metropolis that had been open had lengthy queues of vehicles lined up exterior them.