Islamabad September 17 2022: Petroleum Prices likely to remain unchanged with a slight drop of 8 paisa either in the prices of Petrol or Diesel says Pakistan’s Finance Minister Miftah Ismail.
“Although prices of Brent has come down significantly but there are number of other reason too that determines the prices of petroleum product in Pakistan as our import prices are linked to Platts. Country has to pay a significant premium over refinery prices due to increased risk associated with Pakistan and last rupee has also depreciated during this period.” he added.
The decision regarding the change will be announced tomorrow which was delayed due to absence of Prime Minister as he was in Samarkand for attending Shangai Cooperation Organization Summit.
On September 1 2022, Government has set the price of MS (Petrol) at PKR 235.98 per liter, Diesel PKR 247.43 per liter, Kerosene PKR 210.32 per liter and Light Diesel Oil PKR 201.54 per liter.
The prices of Petrol and Diesel were increased by PKR 2.07 and PKR 2.99 per liter while that of Kerosene and Light Diesel Oil increased by PKR 10.92 per liter and PKR 9.79 per liter.
