Fuel companies to operate petrol pumps, says ministry

ISLAMABAD: Federal Minister for Energy Hammad Azhar Wednesday said that the next meeting of the Economic Coordination Committee (ECC) would decide on the profit margin demanded by petroleum dealers on fuel prices.

He said that the government is in contact with the petroleum dealers association and a summary aimed at reviewing their margin on fuel prices is already being tabled before the ECC.

A spokesman for the petroleum division while commenting on the strike call from the petroleum dealers said that the ministry is committed to a suitable increase in the margin of oil marketing companies and dealers.

“The federal cabinet is likely to decide on a margin within 10 days,” it said.