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PM Imran rejects OGRA summary to hike petrol prices

MM News Staff by MM News Staff
May 30, 2021

ISLAMABAD: Prime Minister Imran Khan on Friday decided not to increase the price of petroleum products for the month of May in order to provide relief to the masses in the holy month of Ramadan.

According to the Finance Ministry, petrol will continue to cost Rs108.56 per litre. The price of diesel will also remain the same, at Rs110.76 per litre. Kerosene oil will continue to be priced at Rs80, whereas light diesel oil will also cost Rs77.65 per litre.

وزیراعظم عمران خان نے فیصلہ کیا ہے کہ پٹرولیم مصنوعات کی قیمت نہیں بڑھائی جائے گی۔ اوگرا کی سمری میں 5 سے 10 روپے اضافے کی سفارش کی گئی تھی۔ وزیراعظم نے اسے نامنظور کر کے 16 اپریل کی قیمتیں برقرار رکھنے کا فیصلہ کیا۔

اوگرا کی سفارش کردہ قیمتیں لف ہیں۔ جو منظور نہیں کی گئیں pic.twitter.com/ngCNpmQ7Yf

— Dr. Shahbaz GiLL (@SHABAZGIL) April 30, 2021

After the Oil and Regulatory Authority had forwarded a summary to the Petroleum Division it was speculated that the prices of petroleum products will witness a rise in May.

Sources claimed that the price of petrol may increase by Rs5.75 per litre while the price of diesel may go up by Rs6 per litre. OGRA’s recommended prices in its proposal were calculated keeping in mind the current petroleum levy rate.

The current levy on petrol is Rs11.23 per litre while on diesel, it is Rs15.29 per litre. However, the prime minister, in order to provide relief to citizens, decided against a rise in the prices this month.

 

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