Overview
- The federal government formed a high-level committee on Monday to settle disputes raised by the Oil Tanker Contractors Association and gave it seven days to submit recommendations.
- OTCA told ministers it wants a lower White Oil Pipeline quota, a transparent system for OMC freight contracts, a freight formula linked to the consumer price index and an end to commercial loading.
- Petroleum Minister Ali Pervaiz Malik directed the Oil and Gas Regulatory Authority to engage stakeholders, strengthen tanker tracking and stop dealers’ vehicles being used for primary fuel transport.
- The government asked oil marketing companies to send written freight-award policies so regulators can check for discriminatory contracting and ensure fair freight payments.
- Dealers called and then postponed a nationwide shutdown after talks with the minister, and the committee’s fast deadline signals a push for quick fixes to keep fuel moving and prices stable under the new daily pricing regime.