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PM rejects summary for increase in petroleum prices

PM rejects summary for increase in petroleum prices
February 28, 2021

ISLAMABAD (92 News) - Prime Minister (PM) Imran Khan has rejected a summary of Oil and Gas Regulatory Authority (OGRA) for increasing petroleum prices from about Rs6 to 7 per litre.

In a tweet uploaded on Sunday, PM's Special Assistant on Political Communication Dr Shahbaz Gill informed that the prime minister did not approve the proposed increase in the prices of the petroleum products.

PM Khan continuously rejected the OGRA's summary for increasing the petroleum prices at second time. He further said that there was no increase in the prices of petroleum products despite the continuous rise in the prices in the world market.

According to the reports POL prices will remain unchanged till March 15. OGRA, in its oil prices summary, proposed the government to jack up the petrol price by Rs7 per litre and high-speed diesel (HSD) by Rs6 per litre for next 15 day but as per the final decision, the premier rejected the proposed increase.