No More Hikes Dealers Announces Shutdown Pumps

  • by Sharoon Jan
  • 1 month ago
  • News
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No More Hikes Dealers Announces Shutdown Pumps

Pakistan Dealers Association announced a complete shutdown of the petrol pumps from 18 July 2022. To protect against the rising fuel prices.

Abdul Sami Khan, Chairman of PPDA at the meeting discussed the current dealer margin, which forced petroleum dealers to shut down their businesses. The association demanded that the dealer’s margin should be enhanced to 6 percent.

Sami Khan said due to the high cost of electricity their profit margin declined drastically. Besides the massive hike in prices of petroleum products also affected their business adversely.

He further added that the protest showdown would continue till the demands will be accepted. He said that fuel stations could not continue supply. While sustaining continuous losses at the present dealers are receiving margin after deduction of tax at Rs3.20 per liter on Diesel and Rs3.90 per liter on petrol.

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