Petroleum dealers again threaten to go on nationwide strike,
ISLAMABAD: After the recent surge in petroleum prices, the Oil and Gas Regulatory Authority (OGRA) has increased the prices of Liquefied petroleum gas (LPG) for the month of September,
According to the details, LPG rates are increased by Rs 38.97 per kg, after which the price of a domestic LPG cylinder has been fixed at Rs 459.85.
OGRA has issued an official notification of an increase in LPG prices. The new increased prices are for the month of September
It is pertinent to mention here that the rate for LPG cylinder was fixed at Rs 2,373.64 for the month of August,
The price hike in LPG for September has left many households and businesses concerned about their budgets.
Earlier to this, the caretaker government increased Naw price of petrol Rs 14.9 per litre, according to a notification issued by the Finance Ministry.
As per details, the rate of petrol have reached to Rs305.36 per litre with increase of Rs 14.9 per litre.
Meanwhile, the price of high-speed diesel (HSD) has been increased by Rs18.44 per litre to Rs311.84.
On August 16, Petrol price were increased by Rs17.50 per litre to Rs290.45, while high-speed diesel was increased to Rs293.40. Prior to this, the then federal government had increased the price of petrol by Rs19.95 per litre on August 1.
While,
Petroleum dealers in Pakistan Friday issued a warning to close down filling stations across the country to protest a non-increase in their profit margins,
The decision comes after the government failed to honour its commitment to increasing the profit margins, leaving the petroleum dealers dissatisfied with the current situation.
In a statement, Pakistan Petroleum Dealers Association (PPDA) Chairman Abdul Sami Khan expressed frustration over the government’s inability to raise their profit margin, saying that a deadline of September 1 has ended.
Sami Khan pointed out that the government and other stakeholders had signed a written agreement with his association. However, he regretted, the government has not increased the profit margins.
“We cannot run filling stations with the current dealer margin”, he said, adding that the expenditure ratio has witnessed a staggering increase. He warned of a complete shutterdown strike if the government failed to increase profit margin.
Earlier in July, Pakistan’s petroleum dealers postponed their nationwide shutter-down strike following assurances from the then-State Minister for Petroleum, Musadik Malik.
An agreement was reached and signed by the minister, OGRA Chairman, Masoor Khan, and Pakistan Petroleum Dealers Association (PPDA) Chairman, Abdul Sami Khan.
