 to increase the price of petroleum products was rejected by PM Imran Khan on Monday.){kind=link}
The recommendation of the Oil and Gas Regulatory Authority (OGRA) to increase the price of petroleum products was rejected by Prime Minister Imran Khan on Monday.
The Oil and Gas Regulatory Authority (OGRA) suggested to the prime minister that the price of diesel and petrol be increased by Rs5 per litre.
With the prime minister’s decision, the price of gasoline would likely remain unchanged at Rs145.82 per litre, and the price of diesel is likely to remain fixed at Rs142.62 per litre, according to forecasts from the National Petroleum Corporation.
The rates of kerosene oil and light diesel are also projected to continue at Rs116.53 and Rs114.07, respectively, for the foreseeable future.
At a previous meeting on November 5, the government decided to increase the price of gasoline in Pakistan by Rs8.03 per litre.
The decision came as a surprise to the general public because, on November 1, which was the scheduled date for the announcement of results, the Prime Minister expressed his dissatisfaction with the proposals developed by the OGRA and the Finance Division and directed that the prices remain at the levels announced on October 16, 2021.