Amidst a nationwide strike, petrol pumps are set to shut down from 6am today, with the official machinery hinting at higher commissions for dealers to pass on the impact of turnover tax to consumers. Oil marketing companies are also seeking a 60% increase in profit margins.
The Pakistan Petroleum Dealers Association (PPDA) chairman, Abdul Sami Khan, confirmed the closure of pumps nationwide, citing intimidation tactics against protestors. The government, on the other hand, is ensuring uninterrupted fuel supply during the strike.
While some dealers seek negotiation before resorting to extreme measures, others stand firm on their demands. The Reformers Group of PPDA from Lahore and Rawalpindi rejects the strike, emphasizing the importance of detailed discussions with authorities.
As the situation unfolds, the focus remains on striking a balance between dealer commissions, OMC margins, and tax burdens. With ongoing discussions and assurances from government officials, the future of the fuel industry in Pakistan hangs in the balance.
