The Petroleum Ministry has clarified that no decision has been made regarding fuel price deregulation and assured that dealers will be consulted before any final move.
Dealers Threaten Strike Over Deregulation Concerns
The All-Pakistan Petroleum Dealers Association (APPDA) has warned of a nationwide strike if the government does not address their concerns before March 4.
National Assembly Orders Consultation with Dealers
The National Assembly’s Standing Committee on Petroleum has directed the Petroleum Ministry to engage with dealers before making a final decision. Ministry officials have confirmed that no conclusive decision has been reached.
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OGRA Dismisses Strike Threat as a Misunderstanding
The Oil and Gas Regulatory Authority (OGRA) chairman has downplayed the strike threat, calling it a misunderstanding. He stated that dealers are concerned that oil companies may reduce their profit margins under deregulation. The committee has summoned OGRA officials and APPDA representatives for further discussions.
APPDA Criticizes Lack of Inclusion in Decision-Making
APPDA representatives have criticized the government for excluding them from consultations. They argued that a previous statement by the petroleum minister regarding partial deregulation implied that the decision had already been made and was only awaiting the prime minister’s approval. Additionally, they voiced concerns about profit margins and the deregulation of lubricants and high-octane fuel.
