Pune: All 550 petrol pumps in Pune district will maintain a one-day closure of their outlets on October 13, followed by an indefinite closure of purchase and sales from October 27. This follows the United Petroleum Front’s (UPF) decision to have the long-pending demands of petrol dealers addressed from oil marketing companies (OMCs).
The UPF constitutes three national bodies, the Federation of All India Petroleum Traders (FAIPT), the All India Petroleum Dealers Association (AIPDA) and Consortium of Indian Petroleum Dealers (CIPD) and represents 54,000 dealers across the country.
Federation of All Maharashtra Petrol Dealers Association (FAMPEDA) President Uday Lodh told Sakal Times that OMCs had made an agreement with dealer federations on November 4, 2016 to resolve dealer issues and demands, including the revision in dealers’ margin, which still remain neglected. “The daily price revision of fuel is also causing losses to not only dealers but also customers. Hence, we are going for a closure, which seeks to have several of our issues addressed,” he said.
The dealers’ associations met in Mumbai on October 7, where they decided to call for an indefinite closure of their outlets.
However, considering the upcoming Diwali festivities and the likely impact of the decision on consumers, they resolved to maintain a one-day closure on October 13, followed by an indefinite closure from October 27, till the trade anomalies are resolved.