Govt decides to keep petroleum products prices unchanged

• This was announced by Finance Minister Ishaq Dar
• He said price of petrol was Rs 214.8, diesel Rs 227.80/ litre.
• The prices will remain same for the next fortnight.

KARACHI: The government has decided to keep the existing prices of petroleum products from Monday till Jan 31.

This was announced by Finance Minister Ishaq Dar while addressing a news conference in Lahore on Sunday.

He said existing price of petrol was Rs 214.8, diesel Rs 227.80, kerosene oil Rs 171.83 and light diesel oil Rs 169 per litre and will continue for the next fortnight.

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Govt to retain prices of petroleum products: Ishaq Dar

Govt has decided to retain prices of petroleum products Finance Minister Ishaq...

On December 31, 2022, the government had decided to maintain the existing prices of petroleum products for the next fortnight starting January 1, 2023.

This was stated by Finance Minister Ishaq Dar in a video statement. He had announced that the price of petrol and diesel would remain unchanged heading into the new year.  He had said the price of kerosene oil and light-crude diesel will also remain the same.

The finance minister had said the Oil and Gas Regulatory Authority (Ogra) had recommended a slight increase in prices for kerosene and light diesel oil after a rise in the tarrif of petroleum products in the international market.

However, he had said it was decided to retain the prices to provide relief to the poorest segments of society. He had added that decision was taken after considering the cold weather and the poorest people use light diesel oil for tubewells while kerosene is also used by people earning the lowest incomes.