Ishaq Dar announces to maintain petroleum prices at current level for next 15 days

ISLAMABAD, Dec 31, (SABAH): Minister for Finance and Revenue Senator Mohammad Ishaq Dar has announced to maintain prices of the petroleum products to provide relief to the people in view of harsh weather for next 15 years.

Talking to media in Islamabad on Saturday, Ishaq Dar said the Oil and Gas Regulatory Authority (OGRA) had proposed to increase petroleum prices, but Prime Minister Mian Muhammad Shehbaz Sharif has rejected OGRA’s summary.

He said these prices will continue till 15th of the next month. He said per litre prices of petrol will be 214.80 rupees, High Speed Diesel 227.80 rupees, Kerosene oil 171.83 rupees, and Light Diesel Oil 169 rupees.

He said that OGRA had recommended Rs 8 per litre in kerosene oil, Rs 7.73 per litre in light diesel oil but PM Shehbaz Sharif decided to maintain the current prices while keeping in mind the harsh weather conditions.

“Govt of Pakistan has decided to keep the existing prices of petroleum products unchanged with effect from 1st January to 15th January 2023 to provide relief to the common man, despite increase in the prices of these products in the international markets!” Ishaq Dar tweeted.