ISLAMABAD: Prime Minister Imran Khan has rejected the Oil and Gas Regulatory Authority’s (Ogra) recommendation to increase the prices of petroleum products, PM’s Special Assistant Shahbaz Gill announced on Monday.
Taking to Twitter, Special Assistant on Political Communication Shahbaz Gill wrote: “The prime minister did not approve the summary of increasing petrol price by Rs11 and diesel by Rs14.”
پٹرولیم پراڈکٹس کی قیمتوں میں اسوقت کوئی تبدیلی نہیں ہوگی۔
— Dr. Shahbaz GiLL (@SHABAZGIL) January 31, 2022
“The premier said oil prices were rising due to increasing inflation all over the world but the government would do its utmost best to save the people of Pakistan from inflation. Therefore, the prime minister has deferred this summary,” he added.
Last week, sources said the price of petroleum products was expected to shoot up by Rs10 for the next month in line with the rising rates in the international market. Sources claimed the price of petrol would move up by Rs11 per litre, while the rate of diesel will increase by Rs10 per litre.
The government had on January 15 announced a Rs3.01 increase in the price of petrol owing to the rising petroleum prices in the international market.
According to a notification by the Finance Division, besides petrol, an increase in other petroleum products was also enforced from January 16.
