Oil companies demanded Rs 66 billion dues as liquidity pressure threatened fuel supply
ISLAMABAD – Pakistan’s fuel sector is facing yet another pressure as oil marketing companies demanded the immediate release of Rs66.7 billion in outstanding claims and the implementation of a Rs1.22 per liter increase in their margins, warning that the increased financial pressure could threaten the flow of petroleum supplies.
The demand has put the government and the oil regulator under fresh pressure, with the Oil Companies Advisory Council (OCAC) demanding an immediate resolution to the issue and a meeting with the chairman of the Oil and Gas Regulatory Authority (OGRA).
OMCs say Rs 66.7 billion are currently stuck in outstanding price difference claims (PDCs), with a large chunk of the amount pending from March 2026.
For oil marketing companies already dealing with rising operational and financing costs, the billions in claims are creating a growing liquidity crunch.
OCAC called for verification of outstanding claims and completion of audit without further delay. It wants all claims that have already been verified and released immediately. The Council has also pointed out that some sanctioned premium differential claims related to petrol imports are still awaiting payment.
The companies argue that keeping these funds locked up is putting additional pressure on the cash needed to finance imports, maintain inventories and continue the movement of fuel across the country.
Oil companies now want Rs 1.22 per liter more.
The industry has another big demand on the table. The oil marketing companies want the government to immediately implement the already approved Rs 1.22 per liter increase in their margins.
OCAC says the OMC margin was last revised in September 2023, and has remained unchanged despite sharp increases in operating, financing, technology, regulatory and other costs. According to the industry, the Economic Coordination Committee has already approved an adjustment of Rs 1.22 per litre.
The OMC’s demand comes soon after the government approved a Rs 1.34 per liter hike in dealers’ margins on petrol and high-speed diesel. The hike was approved in August 2026 and was to be implemented from September 1.
The post Oil companies demanded 66 billion rupees in terms of dues, liquidity pressure threatens fuel supply appeared first on Daily Pakistan English News.
Stay updated with the latest alerts on this story:
View Original Coverage