Oil marketing companies have asked the Oil and Gas Regulatory Authority (OGRA) to clear Rs. 66 billion in pending price claims and implement a Rs. 1.22 per liter increase in their margins.
The Oil Companies Advisory Council (OCAC) said the claims have been pending since March 2026 and called for their verification and payment without further delay.
According to OCAC, the outstanding claims are equal to the cost of around five imported petrol cargoes.
The council said oil marketing companies last received a margin increase in September 2023. Dealers’ margins were raised by Rs. 1.34 per liter in August 2026, but the Rs. 1.22 per liter increase approved for oil marketing companies has yet to be implemented.
OCAC said oil companies are facing financial pressure amid supply-chain challenges linked to regional tensions.
It warned that the industry’s financial difficulties could further affect supply-chain management and said oil companies should not be held responsible for disruptions caused by these challenges.
The council has requested a meeting with the OGRA chairman to discuss the pending claims and margin increase and called for an early resolution.
