AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 215.50 Increased By ▲ 5.12 (2.43%)
BOP 9.37 Decreased By ▼ -0.11 (-1.16%)
CNERGY 6.32 Decreased By ▼ -0.16 (-2.47%)
DCL 8.84 Decreased By ▼ -0.12 (-1.34%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.19 Decreased By ▼ -2.73 (-2.82%)
FCCL 35.20 Decreased By ▼ -1.20 (-3.3%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 16.45 Increased By ▲ 1.50 (10.03%)
HUBC 127.13 Decreased By ▼ -3.56 (-2.72%)
HUMNL 13.50 Increased By ▲ 0.21 (1.58%)
KEL 5.31 Decreased By ▼ -0.19 (-3.45%)
KOSM 6.97 Increased By ▲ 0.04 (0.58%)
MLCF 43.00 Decreased By ▼ -1.78 (-3.97%)
NBP 58.96 Decreased By ▼ -0.11 (-0.19%)
OGDC 217.99 Decreased By ▼ -12.14 (-5.28%)
PAEL 39.39 Increased By ▲ 0.10 (0.25%)
PIBTL 8.25 Decreased By ▼ -0.06 (-0.72%)
PPL 190.50 Decreased By ▼ -9.85 (-4.92%)
PRL 37.85 Decreased By ▼ -1.03 (-2.65%)
PTC 26.30 Decreased By ▼ -0.58 (-2.16%)
SEARL 103.60 Decreased By ▼ -0.03 (-0.03%)
TELE 8.45 No Change ▼ 0.00 (0%)
TOMCL 34.75 Decreased By ▼ -0.50 (-1.42%)
TPLP 12.98 Decreased By ▼ -0.54 (-3.99%)
TREET 25.50 Increased By ▲ 0.49 (1.96%)
TRG 70.53 Increased By ▲ 6.41 (10%)
UNITY 33.37 Decreased By ▼ -1.15 (-3.33%)
WTL 1.72 Decreased By ▼ -0.06 (-3.37%)
BR100 11,881 Decreased By -216 (-1.79%)
BR30 36,807 Decreased By -908.3 (-2.41%)
KSE100 110,423 Decreased By -1991.5 (-1.77%)
KSE30 34,778 Decreased By -730.1 (-2.06%)

Prices of petroleum products to remain unchanged, orders PM

  • Prime minister took the decision in wake of widespread destruction from monsoon rains that played havoc across the country
Published August 31, 2020

(Karachi) In a bid to facilitate the people, Prime Minister Imran Khan has decided the government will not increase prices of petroleum products for the month of September, media reported on Monday. The prices will remain unchanged.

As per details, the prime minister took the decision in wake of the destruction from widespread rains across the country, especially Karachi where normal life came to a standstill. Imran stated that the citizens should not bear burden of price hike in hour of crisis.

“The federal government will not increase fuel prices as people are already going through difficult times due to coronavirus and recent rainfalls and floods across the country,” said the PM.

The PM rejected the summary forwarded by Oil and Gas Regulatory Authority (OGRA) for increase in prices of oil products.

Earlier, OGRA sent two proposals to the government regarding the price hike.

The first proposal has been sent in proportion to fluctuations in oil prices in the global market. It was recommended to increase the price of oil by Rs2 and light diesel by Rs1.60 per liter. Whereas, in the second proposal, OGRA has recommended increasing the price of petrol by Rs8, diesel by Rs9, kerosene by Rs4, and light diesel by Rs 4.5 per liter.

Comments

Comments are closed.