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Friday April 19, 2024

Petrol price increases by Rs5.40 per litre in Pakistan

PM went against OGRA's recommendation of Rs11.40 and approved Rs5.40 increase in petrol price: Shahbaz Gill

By Web Desk
July 15, 2021
People getting their fuel tanks filled with petrol at a gas pump in Karachi, on May 28, 2021. — APP/File
People getting their fuel tanks filled with petrol at a gas pump in Karachi, on May 28, 2021. — APP/File

Special Assistant to Prime Minister on Political Communication Shahbaz Gill on Thursday said the federal government has approved an increase in the price of petrol by Rs5.40 per litre.

The special assistant, in a series of tweets, said: "Prime Minister [Imran Khan] went against OGRA's recommendation and approved Rs5.40 increase in petrol price keeping in mind public interest."

The price of high speed diesel has been hiked by Rs2.54 per litre, kerosene oil by Rs1.39 per litre, and light diesel oil by Rs1.27, the special assistant said in his thread of tweets.

Gill added that the government would now bear the burden as it has decided against OGRA's recommendations in a bid to provide "maximum relief to the people".

The Oil and Gas Regulatory Authority (OGRA) had recommended an increase of Rs11.40 per litre in petrol price.