Saturday May 15, 2021
The new prices of petroleum products will be determined on May 17 this month, as opposed to the regular mid-month date (the 15th), a spokesperson for the Oil and Gas Regulatory Authority (OGRA) said on Saturday.
The spokesperson said that due to the May 8-16 curbs and Eid holidays, it was decided that the new prices will be decided on Monday, May 17.
The prices of petroleum products, will therefore, continue as previously notified, till May 17.
In a bid to give relief to the masses in the holy month of Ramadan, Prime Minister Imran Khan decided not to increase the price of petroleum products, a statement issued by the Ministry of Finance had said on April 30.
Therefore, petrol continued to cost Rs108.56 per litre in the first two week of the month.
According to the notification, the price of diesel was also notified to remain the same, at Rs110.76 per litre.
Kerosene oil was to continue to be priced at Rs80, whereas light diesel oil was to also cost the same, at Rs77.65 per litre.
Special Assistant to the Prime Minister on Political Communication Shahbaz Gill had, at the time, shared OGRA's recommended rates which the prime minister had rejected.