Dealers threat to cut petrol supply across the country!

Pakistan Petroleum Dealers Association has announced that the association will shutdown petrol stations across Pakistan as a protest against the sudden increase in the prices of petrol and diesel in the last couple of months. Chairman PPDA Abdul Sami Khan held a press conference with other major stakeholders on 2nd July, 2022.

Govt approves Rs50 in petroleum levy, expect price hike from 1st July 2022

The association has announced the date of 18th July for the countrywide protest. Mr. Chairman reiterated the previously stated arguments that the government needs to increase the profit margins of the petrol pump owners from current 2.5% to at least 6% due to the increasing fuel costs as well as the overall inflation in the country. 

Mr. Khan told the press that dealers are currently getting Rs3.90 on petrol per litre, and Rs3.20 per litre on diesel.

Only a few months ago, the association tried to go on a strike under the previous government’s tenure but the strike was called off after a meeting was held between the members of the government and the Pakistan Petroleum Dealers Association.

The Association plans to remain on strike until their demands are met.

Such threats of strikes cause panic buying among the end consumers and might cause a case of chronic hoarding. Long lines of people waiting to get petrol on fuel stations are a common sight whenever there is news of increase in price or even such strikes are announced.

Let us know what you think in the comments below. 

Leave a Reply