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Petrol price in Pakistan to remain unchanged
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[ad_1] Information Minister Marriyum Aurangzeb arrives at the Parliament House building in Islamabad on April 3, 2022. — AFP ISLAMABAD: The price of petroleum products will remain unchanged for the first half of the next month in the country, Information Minister Marriyum Aurangzeb announced Thursday. In a statement, the information minister shared that Prime Minister…
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Petrol price in Pakistan: Khaqan Abbasi warns of difficult decisions
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[ad_1] Former prime minister Shahid Khaqan Abbasi. — Radio Pakistan KARACHI: Senior PML-N leader Shahid Khaqan Abbasi Wednesday warned of an increase in petrol price, saying difficult decisions will have to be made to address the worsening situation. Speaking to the journalists in Karachi, the former prime minister said that the government is selling petroleum…
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Petrol price in Pakistan: Govt decides against raising rates, say sources
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[ad_1] — AFP/File ISLAMABAD: Prime Minister Shehbaz Sharif has rejected the proposal to hike the price of petroleum products, sources told Geo News Friday, newly-elected premier seeks to provide relief to the masses. The official announcement will be made shortly. The current government’s decision to keep the prices unchanged will force it to give another…
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What will be the new petrol price in Pakistan?
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[ad_1] A representative image. ISLAMABAD: Prime Minister Shahbaz Sharif faces a tough call on petrol prices whether to continue subsidising the petroleum products or increase the rate, risking a backlash from the masses already burdened due to high inflation. The Oil and Gas Regulatory Authority (OGRA) has proposed a massive hike in the prices of…
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PM to pass on burden of POL price hike to next govt | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Imran Khan on Friday rejected an increase in the prices of petroleum products, passing on this burden to the upcoming government. The Petroleum Division had tabled a proposal of increasing oil prices to do away with the price differential claims that had been going up. The issue was taken up during…
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SSGC seeks 45% hike in gas price | The Express Tribune
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[ad_1] ISLAMABAD: A public gas utility has sought an increase of around 45% in gas prices to meet the revenue shortfall for fiscal year 2022-23. The Oil and Gas Regulatory Authority (Ogra) held a public hearing on Thursday to consider Sui Southern Gas Company’s (SSGC) petition for determination of its estimated revenue requirement and prescribed…
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Bold decisions needed to handle oil price shocks | The Express Tribune
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[ad_1] KARACHI: Oil prices were already soaring at the start of the year. The rally was being driven by the jump in demand in the aftermath of recovery from the coronavirus pandemic and tight supplies. The conflict in Ukraine pushed the commodity to above $100 a barrel. Although oil has fallen from recent highs, risks…
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Petrol price unchanged at Rs149.86 per litre
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[ad_1] — AFP/File ISLAMABAD: The Finance Division said Thursday the price of petroleum products will remain unchanged till April 15. The Finance Division, in the statement, said the decision was taken in line with Prime Minister Imran Khan’s announcement on the in the fortnightly review on February 28. “Subsequently, the government will bear the additional…
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Gas utility seeks 66% price hike | The Express Tribune
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[ad_1] ISLAMABAD: A public gas utility has sought 66% increase in gas prices for financial year 2022-23. In that regard, the Oil and Gas Regulatory Authority (Ogra) on Wednesday conducted a public hearing to consider Sui Northern Gas Pipelines Limited’s (SNGPL) petition for the determination of its estimated revenue requirement and prescribed prices for FY23.…
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Senate body discusses steel price hike | The Express Tribune
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[ad_1] ISLAMABAD: The Senate Standing Committee on Industries and Production has been informed that prices of steel had spiked over 100% in the last one year. During its meeting held under the chairmanship of Senator Faisal Sabzwari on Tuesday, officials of the Ministry of Industries and Production said that steel rates had increased to Rs216,000…
