Government Agrees to Increase Dealer Margins for Fuel

25 Jul 2023

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Government Agrees to Increase Dealer Margins for Fuel

The Pakistan Petroleum Dealers Association (PPDA) succeeded in pressuring the federal government to increase the profit margin for motor spirit (MS) and high-speed diesel (HSD) by Rs. 1.64 per liter.

New Margins to Be Implemented Gradually

In a series of meetings involving State Minister Musadik Malik, PPDA delegates, and other stakeholders, it was decided that the current margin of Rs. 6 per liter for petrol and diesel would be raised to Rs. 7.64 over a two-month period.

Dealers' Discontent Over the Increase

Initially, the dealers had demanded an increment of Rs. 5 per liter, but the government only agreed to a Rs. 1.64 per liter increase, causing some discontent among the dealers.

Preventing Strikes Through the Agreement

Despite not being entirely satisfied with the raise, the dealers accepted the proposed increase to avoid potential strikes. The agreement was formally signed by the Chairman and Director General of the Oil & Gas Regulatory Authority.

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