Pakistan's Oil Firms Urge Government to Approve Delayed Margin Increase
Pakistan's oil marketing companies have formally requested urgent government action over a delayed revision to their regulated per-litre margins. In a letter to the petroleum minister, an industry council warned that financial pressures are threatening the sector's viability, with a previously approved increase of 1.22 rupees per litre still not implemented. The companies also highlighted severe liquidity issues, including approximately 66.7 billion rupees in outstanding price claims.