Observer Report Islamabad
The prices of petroleum products will not see any increase for at least a fortnight as Prime Minister Imran Khan has rejected the Oil and Gas Regulatory Authority’s (OGRA) proposal to jack up fuel rates from 1 March.
Special Assistant to the Prime Minister on Political Communication Dr Shahbaz Gill tweeted that the OGRA recommended an increase in prices of petroleum products by up to Rs7 but the prime minister didn’t accept the proposal.
He said Prime Minister Khan didn’t grant permission for hiking fuel prices despite international oil rates going up consistently.
“The government has made no increase in the prices of petroleum products,” he said, also attaching the summary that had been forwarded to the premier by the Finance Division for approval.
The summary showed that an increase of Rs6.22 had been recommended for Petrol, of Rs6.82 for High Speed Diesel, of Rs6.37 for Kerosene and of Rs5.78 for Light Diesel Oil.
