Business

Petroleum dealers to shut down pumps nationwide on March 4

Published by
Web Desk

ISLAMABAD: The All Pakistan Petroleum Dealers Association has announced to keep petrol pumps across the country closed on March 4.

They said that an important meeting will be held with Federal Minister Musadik Malik regarding the deregulation policy, expressing reservations over the lack of consultation. If their reservations are not addressed, petrol pumps will remain closed indefinitely from March 4.

Central Executive Committee leader Raza Abbas said that he is ready to support Musadik Malik for the success of the deregulation policy but stressed the need for consultation. He stressed that deregulation should be extended beyond fuel prices to the entire oil sector.

He also clarified that he has no connection with Pakistan Petroleum Dealers Association Chairman Abdul Sami Khan, adding that his association is registered with the Ministry of Commerce, while claiming that the registration of the Pakistan Petroleum Dealers Association has been cancelled.

Web Desk

Recent Posts

Imtiaz Super Store, D. Watson, Shaheen grocery among stores under renewed Customs scrutiny

ISLAMABAD (Ahsan Bukhari): A fresh investigation has been initiated by Customs authorities after the owners…

9 minutes ago

Aviation Safety Agency issues alert amid rising tensions in Middle East

ISLAMABAD: The Aviation Safety Agency has warned airlines that flights over the airspace of Gulf…

36 minutes ago

FM Asim Munir holds key meeting with Turkish President

ANKARA: Field Marshal Asim Munir held an important meeting with Turkish President Recep Tayyip Erdogan…

1 hour ago

Gurpatwant exposes Modi’s failed effort to change Sikh’s history through movie Satluj

ISLAMABAD: The highly controversial Indian movie named 'Satluj' has been the talk of the town…

2 hours ago

Emergency LNG cargo purchase initiated by PLL

ISLAMABAD: In view of the increasing tension in the region and the fears of closure…

2 hours ago

IMF projects higher inflation than government’s target

ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…

3 hours ago