PTC Web Desk: Come February 22, consumers across the state of Punjab would grapple with a severe shortage of petrol and diesel. The Punjab Petroleum Dealers' Association (PPDA) has announced the suspension of petrol and diesel sales throughout Punjab on February 22, attributing the decision to the dissatisfaction arising from the lack of increase in dealer margins since August 2017.
Monty Sehgal, spokesperson for the Petrol Pump Dealers' Association, said oil marketing companies (OMCs) had not raised margins for petroleum dealers since the last modification in August 2017.
In connection with the demand for an increase in dealer margins, representations have been sent to the heads of oil companies, and a similar representation has been forwarded to the Prime Minister. He said all petroleum dealers in the state would observe a 'No Purchase Day' on February 15, refusing to procure petrol and diesel from oil companies.
Consequently, on February 22, petrol and diesel will not be sold at petrol pumps across Punjab. Sehgal also mentioned that the association would support the nationwide call for a general strike by farmer unions on February 16.
While the PPDA has announced the suspension of petrol and diesel sales on February 22, there is a possibility of a similar shortage on February 17. This is because the decision has been made not to make any purchases from oil companies on February 15. The association has also expressed support for the farmers' nationwide strike on February 16, and there is a chance that petrol and diesel purchases may not be possible on that day as well. The stock of petrol pumps is expected to reach a minimum level within two days, further increasing the likelihood of a shortage on February 17.