ISLAMABAD: The Economic Coordination Committee (ECC) has approved a revision in dealers’ margins on Motor Spirit (MS/petrol) and High-Speed Diesel (HSD), taking into account rising operational costs in the petroleum distribution network and prevailing economic conditions.
The decision was taken at a meeting of the ECC chaired by Finance Minister Senator Muhammad Aurangzeb at the Finance Division.
The committee considered a summary presented by the Petroleum Division regarding the revision of dealers’ margins on MS and HSD. It discussed the rising operating costs faced by petroleum dealers and the need to ensure uninterrupted fuel supplies across the country.
The meeting noted that higher electricity bills, interest rates, inflation and labour costs had increased the operational expenses of petroleum dealers. The revision is aimed at supporting the distribution network and maintaining a smooth supply of petroleum products.
The ECC also discussed the broader impact of the decision on the petroleum sector and consumers.
Federal Ministers Rana Tanveer Hussain, Ali Pervaiz Malik and Ahsan Khan Cheema, along with federal secretaries and senior officials from relevant ministries and divisions, attended the meeting.
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Dealers’ and oil marketing companies’ margins on petroleum products are periodically reviewed in line with changes in operating costs and market conditions.
The latest decision is expected to help maintain the operational stability of petrol stations and reduce the risk of disruptions in fuel supplies.
