Pakistan’s petroleum dealers have strongly opposed the deregulation policy, warning of a potential nationwide shutdown of petrol pumps, according to Express News.
Concerns Over Deregulation
Abdul Sami Khan, Chairman of the All Pakistan Petroleum Dealers Association, expressed serious concerns in a video message. He stated that deregulating fuel prices would lead to increased smuggling and adulteration of petroleum products. The proposed deregulation formula would allow petrol stations to set their own prices, resulting in price inconsistencies and potential exploitation of consumers.
Emergency Meeting and Protest Preparations
In response, the association has called an emergency central committee meeting. Protest banners are expected to be displayed nationwide, signaling strong opposition to the government’s policy.
Demand for Higher Margins
The association is pushing for a margin increase of PKR 13 per liter, up from the current 4 percent. The Oil and Gas Regulatory Authority (OGRA) has reportedly supported the dealers’ position but has not made any public statements on the matter.
Smuggling Concerns and Government Appeal
The chairman highlighted the resurgence of petroleum smuggling from Iran. He urged the federal government to negotiate a legal agreement with Iran to address this issue and prevent illegal trade.
Criticism of Government Inaction
Abdul Sami Khan also criticized Minister Musaddiq Malik for failing to address the concerns of petroleum dealers. He argued that deregulation would not lead to cheaper fuel for the public but could instead create further economic instability.
