ISLAMABAD: Prime Minister Imran Khan has rejected a proposal to increase the prices of petroleum products.
Earlier on Saturday, the Oil and Gas Regulatory Authority (OGRA) sent a proposal to increase the price of petrol by Rs 7 and diesel by Rs 8 per liter to the Petroleum Division, but the government decided not to increase the price of petrol.
Apart from petrol and diesel, OGRA had also proposed an increase in kerosene and light diesel prices. The authority sent proposals on the basis of Rs. 30 per liter petroleum levy.
The price of petrol includes a petroleum levy of Rs 26.70. Sources said that the price of diesel includes a petroleum levy of Rs 25.73 per liter. It may be recalled that a month ago, a meeting of the Economic Coordination Committee chaired by the Finance Advisor approved a proposal by the Ministry of Energy to change the prices of petroleum products after 15 days.
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