Prices of Petroleum Products Remain Unchanged

Prime Minister Imran Khan on Monday rejected the Oil and Gas Regulatory Authority (OGRA) summary proposing to increase petroleum products prices from September 1, 2020.

The Premier has directed to maintain the prices of petroleum products.

“The federal government will not increase fuel prices as people are already going through difficult times due to coronavirus and recent rainfalls and floods across the country,” said PM Imran Khan.

He further said that the incumbent government will not put more burden on flood-hit masses by increasing petroleum prices.

The Oil and Gas Regulatory Authority (Ogra) in its summary had proposed an increase of about Rs. 5 per liter in the prices of petrol and HSD for the month of September. Last month, the federal government had hiked the prices of petrol and high-speed diesel by up to Rs. 5 per liter ahead of Eid ul Adha.

Sources said that heavy taxes and the imposition of petroleum levy as the key reasons for the possible rise in the prices of petroleum products.


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