KARACHI: The chairman of the Pakistan Petroleum Dealers Association, Abdul Sami Khan, has urged the government to raise petroleum dealers’ commission to 5 per cent of consumer price.

At a press conference here on Wednesday, he said that cut in the margin has created problems for petroleum dealers whose profit on each litre of petrol has declined to 75 paisa after the recent reduction in the prices of petroleum products.

This is not sufficient to even cover operational expenses of the petrol pumps, he added.

Khan pointed out that the ministry of petroleum has approved 5 per cent commission for petroleum dealers and oil marketing companies should implement this.

He made it clear that petrol pumps will not buy petrol from oil marketing companies anymore unless allowed 5 per cent commission on the consumer price.

“This means closure of petrol pumps in the country. We will not be responsible for any shortage of petroleum products due to closure of gas stations”, he said.

Khan disclosed that Shell Pakistan was not supplying petroleum products to petrol pumps at reduce rates todate.

He pointed out that only eight days’ stock has been left in the country which is alarming.

Responding to a question about CNG prices, he said that the government should reduce gas prices in proportion with decline in petrol prices.

Khan said that a petroleum dealers’ delegation will hold a meeting with the secretary petroleum in Islamabad soon in this regard.