ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to revise margins of Oil Marketing Companies (OMCs) and Dealers based on annual National CPI of 2023-24 and 2024-25 with a floor of 5 percent and ceiling of 15 percent which will result in an increase of Rs. 1.63/liter and Rs 1.79l/liter for OMCs and dealers, respectively, sources close to Petroleum Minister told Business Recorder.
Sharing the details, sources said that ECC of the Cabinet considered a summary submitted by Petroleum Division on revision of OMCs and dealers’ margins on petroleum products (Motor Spirit and High Speed Diesel) and inter-alia decided on September 6, 2025 that in future the margins may be determined by OGRA on a systematic mechanism to be developed by OGRA by considering PSO’S operating cost for OMC and Dealer.
Pursuant to ECC decision, OGRA in FY 2024-25 proposed to enhance the OMCs margin by Rs. 1.35/liter and Dealers margin by Rs. 1.40/liter computed based on data provided by PSO. After evaluation of proposal, Petroleum Division submitted a summary for ECC on May 10, 2205 containing proposals, inter-alia, to enhance the OMCs margin by Rs 1.13/liter and Dealers margin by Rs. 1.12l/liter.
Copyright Business Recorder, 2025
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