Petroleum Dealers threaten to shut down Petrol Pumps. Pakistan’s oil traders are angry with the government because it broke its promise to boost their profits.
The government agreed in writing to give them more money in exchange for their services, but it hasn’t happened yet.
The Pakistan Petroleum Dealers Association’s president, Abdul Sami Khan, is upset that the government missed the deadline of September 1.
He claimed that operating their gas stations at the current profit margin is challenging because expenses are rising.
He issues a warning that if the government does nothing about this problem, they might have to shut down their stations.
These dealers had intended to shut down their locations as a show of protest back in July, but they changed their minds after hearing assurances from Musadik Malik, the State Minister for Petroleum at the time.
Petrol prices increased Rs 14.9 per litre
Since the issue hasn’t been resolved, they are now considering shutting down once more. Initially, they desired a 5% profit margin, which at the current price of fuel would be equivalent to Rs. 12 per liter.