According to the sources, The Pakistan Petroleum Dealers Association (PPDA) called off their countrywide strike after successful negotiations with the federal government over an increase in their profit margin.
As per details, Talks between petroleum division and Pakistan Petroleum Dealers Association (PPDA) remained successful after the federal government agreed over increasing their profit margin by Rs0.99 per litre.
Last day, Most of the petrol stations across the country discontinued selling fuel as PPDA went on a countrywide strike for an indefinite period in protest against low-profit margin.
The PPDA were demanding an increase of up to 6% from the current 3% in their profit margin.
It must be noted that, Hammad Azhar the Minister for Energy said that government is ready to accept legitimate demands of the petrol dealers.
The Energy Minister claimed in his statement that few groups want to increase their profit margin upto Rs9, which is unacceptable to the government.
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