BUSINESSDAWN
Petrol pump owners ‘split’ over strike after govt talks
Petrol pump owners in Pakistan are divided over a strike after government talks, with some groups deferring the strike due to assurances on daily fuel pricing and dealer margins, while the association's leadership claims the talks failed and the strike will proceed indefinitely. The government promised a two-week trial of daily pricing and to review dealer margins but did not address specific demands like an 8% commission or supply quotas.
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- Petrol pump owners defer strike call after talks with petroleum minister
- Govt increases petrol price by Rs6.39, diesel by Rs7.83 per litre
- Oil industry prompts government to discourage hoarding as petrol stocks decline to 14-day cover
- Talks between transporters, police break down as Karachi strike enters third day
- Oil industry cries out over unilateral cut in fuel prices