Petroleum dealers issue 72-hour ultimatum

KARACHI: Pakistan Petroleum Dealers Associa­tion (PPDA) has issued a 72-hour ultimatum to the government over its failure to fulfil promises made by the petroleum minister to resolve their issues, especially the increase in margin to eight per cent on the retail sale price of petrol. The association warned that if the government failed to meet its demands within 72 hours, petrol pumps across the country would shut down indefinitely from 6am on Saturday (August 15) and would not reopen until those demands were met. PPDA Chairman Malik Khuda Bakhsh, along with senior office-bearers, told a press conference that petroleum dealers would be unable to continue their businesses if the government…