Oil marketing companies (OMCs) have asked the Oil and Gas Regulatory Authority (OGRA) to resolve their pending financial claims worth Rs. 66 billion and immediately implement an approved increase in their margins.
The Oil Companies Advisory Council (OCAC) has raised the matter with OGRA, warning that the financial difficulties facing oil marketing companies could create additional pressure on the petroleum supply chain.
According to the advisory council, oil companies have formally approached the regulator over the delayed margin adjustment and outstanding price claims. The OCAC said the industry should not be held responsible for possible supply disruptions caused by financial challenges resulting from unresolved payments.
The outstanding claims have reportedly remained pending since March 2026. The council said the amount is equivalent to the cost of approximately five imported petrol cargoes, highlighting the scale of the funds currently tied up.
The OCAC has called for the verification process related to the claims to be completed without further delay. It has also requested that the verified outstanding amounts be released to the companies as soon as possible.
Another major concern raised by the oil industry is the pending increase in OMC margins. The margins of oil marketing companies were last increased in September 2023. While dealers received a margin increase of Rs. 1.34 per litre in August 2026, implementation of a Rs. 1.22 per litre increase for OMCs is still pending.
The advisory council has urged OGRA to implement the OMC margin increase immediately. It said oil marketing companies are facing significant financial pressure and need the pending adjustment to manage their operations and maintain supplies.
The council also pointed to challenges affecting the petroleum supply chain amid regional tensions. According to the OCAC, these developments have made supply management more difficult at a time when oil companies are already dealing with financial constraints.
The industry body has therefore called for both the pending price claims and margin issue to be resolved urgently. It has also requested a meeting with the OGRA chairman to discuss the outstanding matters and find an early solution.
The development comes as petroleum supply remains an important concern for the country. The oil industry has stressed that timely settlement of its claims and implementation of the margin increase are necessary to ease financial pressure and support smooth supply chain operations.
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