Business Tech

Deadlock persists as govt’s talks with petroleum dealers fail

Deadlock persists as govt's talks with petroleum dealers fail

The first phase of negotiations between the Ministry of Petroleum and petroleum dealers has ended without consensus.

According to a news agency, deadlock persisted between the Petroleum Minister and the Pakistan Petroleum Dealers Association (PPDA) over the demand for a hike in the dealers’ commission.

The petroleum association has threatened to observe a nationwide strike on July 18 if the government fails to fulfil its demand of fixing the dealer margin at 6 per cent. “Petrol pumps across the country will be shut down on July 18,” it maintained.

In a statement, PPDA Chairman Abdul Sami Khan said that the Ministry of Petroleum summoned the petrol dealers on Sunday again.


Govt slashes petrol price by Rs18.50 per litre

Govt to raise domestic edible oil production to 4.8m tons in 10 years

Giving details of today’s meeting, Sami Khan said that the Petroleum Minister, Chairman OGRA, and former prime minister Shahid Khaqan Abbasi were present in the talks.

Meanwhile, Aamir Khan – a Petroleum Ministry official – said that the petrol dealers have submitted their expenditure and income statement. “The dealers have demanded a six per cent hike in the commission,” he added. He hoped that the legitimate demands of petroleum dealers would be accepted.

The petrol dealers had announced to stage a nationwide strike on July 18. The association said that an employee’s minimum wage has reached Rs25,000 and prices of other commodities were also increased.

The dealers demanded that the margin should be increased up to six per cent due to the increase in expenditures.

Moreover, banners having the strike call and demands of the PPDA were posed at the petrol pumps of different cities.

Related posts