Oil marketing companies in Pakistan have urged the Oil and Gas Regulatory Authority to implement a pending margin increase and settle outstanding claims worth Rs. 66 billion. The Oil Companies Advisory Council said its members have written to OGRA, pressing for swift action on both fronts. Additionally, the council warned that the industry should not bear responsibility for supply chain disruptions caused by its own financial strain. This warning signals growing frustration within the sector over delayed regulatory decisions.

According to OCAC, the claims have remained pending since March 2026. The outstanding amount is roughly equivalent to the cost of five imported petrol cargoes. Therefore, the council has called for the verification process to be completed quickly so that outstanding payments can be released. Meanwhile, the financial gap continues to grow, adding further pressure on companies already managing tight margins.

OCAC noted that margins for oil marketing companies were last increased back in September 2023. However, dealers received a Rs. 1.34 per liter increase in August 2026, while a separate Rs. 1.22 per liter increase for OMC margins still awaits implementation. As a result, the council has demanded immediate action, saying companies are facing severe financial pressure. Still, no clear timeline has emerged for when the increase might take effect.

Regional tensions have also created supply chain challenges, and the industry’s weakened financial position is compounding these difficulties. Instead of waiting for a gradual resolution, OCAC is now pushing for direct engagement with regulators. Finally, the council has requested a meeting with the OGRA chairman to discuss the matter and seek an early resolution. This growing pressure suggests the issue may come to a head in the coming weeks.