LAHORE: The All Pakistan Petrol Pump Owners Association has expressed strong reservations about the existing mechanism for determining petroleum product prices on a weekly basis.
According to the association, the frequent adjustments are creating serious business complications, prompting them to demand a return to the earlier 15-day pricing cycle.
Letter sent to prime minister
In this regard, Association Vice Chairman Noman Ali Butt has written a detailed letter to Prime Minister Shehbaz Sharif.
The letter outlines the operational and financial challenges faced by petrol pump owners under the current system.
It highlights that constant price fluctuations are placing heavy pressure on accounting systems and day-to-day business management.
The association says weekly price changes are affecting not just business operations but also consumer behavior.
Frequent revisions make it harder to maintain stable sales patterns and increase administrative burdens for dealers and station owners.
According to the letter, this ongoing volatility is creating uncertainty in the petroleum retail sector and impacting overall business confidence.
Demand to restore 15-day pricing schedule
The association has urged the government to abolish the weekly pricing model and reinstate the previous 15-day schedule.
They argue that a longer adjustment period would bring greater stability to the market and ease operational challenges for fuel retailers.
Pump owners believe this change would benefit dealers, operators, and consumers by creating a more predictable and balanced business environment.
