Categories: Business

Petroleum Dealers ECC Approves Rs1.34 Per Litre Margin Increase

Petroleum dealers will receive a higher margin on petrol and diesel after the Economic Coordination Committee (ECC) approved an increase of Rs1.34 per litre.

The decision came during an ECC meeting chaired by Finance Minister Senator Muhammad Aurangzeb.

Following the approval, the dealers’ margin on both petrol and diesel will rise from Rs8.64 to Rs9.98 per litre.

The government aims to address concerns raised by petroleum dealers and improve the financial viability of petrol pump operations.

Goods Transporters Nationwide Strike Enters Eighth Day as Talks Set for Karachi

Dealers welcome decision

Vice Chairman of the All Pakistan Petroleum Pumps Owners Association Nauman Butt welcomed the ECC’s decision.

Butt thanked Prime Minister Shehbaz Sharif and the Petroleum Minister for approving the margin increase.

The decision is expected to provide some financial relief to petrol pump operators, who have been seeking an increase in their margins.

Irfan

Recent Posts

Naya Nazimabad Independence Day Fair Ends with Colourful Celebration in Karachi

Naya Nazimabad hosted a vibrant Independence Day fair in Karachi, bringing families and children together…

30 minutes ago

Apple iPhone X and 2018 MacBook Pro Join Obsolete Products List

Apple has officially added the iPhone X and 2018 15-inch MacBook Pro to its obsolete…

55 minutes ago

Mars Mission Japan Prepares Phobos Sample Return as China Targets 2031

Mars Mission MMX is preparing to travel to the Red Planet’s moons and return samples…

58 minutes ago

UFC 330 Islam Makhachev Retains Welterweight Title Against Ian Machado Garry

UFC 330 saw Islam Makhachev retain his welterweight title after a unanimous decision victory over…

60 minutes ago

Bangladesh Cricket Historic Test Win Over Australia in Darwin

Bangladesh Cricket made history on Sunday by recording their first Test victory in Australia, defeating…

1 hour ago

Goods Transporters Nationwide Strike Enters Eighth Day as Talks Set for Karachi

Goods transporters across Pakistan have continued their peaceful strike for an eighth day, while negotiations…

1 hour ago

This website uses cookies.