No change in petrol costs as PM Imran rejects hike proposal

Taking to social networking web site, Twitter, State Minister for Data and Broadcasting Farrukh Habib mentioned that the costs of petroleum merchandise would stay unchanged for Might.

PM Imran Khan didn’t need to put the burden on the individuals regardless of rising costs within the worldwide market, he added.

In a bid to supply reduction to the lots, the federal government will bear an extra burden of Rs 2.77 billion, the state minister added.

Subsequently, petrol will proceed to be bought at Rs108.56 per litre, high-speed diesel Rs110.76 per litre, kerosene oil Rs80, and light-weight diesel oil Rs77.65 per litre.

Earlier at present, the Oil and Fuel Regulatory Authority (Ogra) had forwarded a abstract to the Petroleum Division searching for upward revision of gasoline costs.

The sources had mentioned the regulatory authority had beneficial a Rs1.90 improve in per litre value of petrol whereas a Rs3.25 improve in that of high-speed diesel.