ISLAMABAD, Nov 30 (APP): The government on Thursday kept prices of petrol unchanged at Rs281.34 and reduced the rates of all petroleum products, according to statement issued by finance ministry. “Government of Pakistan has decided to revise the prices of petroleum products for the fortnight starting from 1st December 2023, as recommended by the Oil… Continue reading Prices of petrol kept unchanged, other petroleum products reduced
Tag: petroleum products
POL import bill shrinks by 16.93% in four months
POL import bill shrinks by 16.93% in four months
Govt reduces petroleum products’ prices
ISLAMABAD, Nov 16 (APP): The government here on Wednesday reduced the petrol prices by Rs.2.04 per liter, bringing it down to Rs281.34 from Rs.283.38. “Government has decided to revise the prices of petroleum products for the fortnight starting 16 November 2023 as recommended by the Oil and Gas Regulatory Authority (OGRA),” said press statement issued… Continue reading Govt reduces petroleum products’ prices
Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs a briefing on decline in prices of essential items as a result of reduction in the prices of petroleum products
APP33-231023ISLAMABAD
Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs a briefing on decline in prices of essential items as a result of reduction in the prices of petroleum products
APP32-231023ISLAMABAD
OGRA for avoiding speculation on POL prices
ISLAMABAD, Sep 25 (APP):Oil and Gas Regulatory Authority (OGRA) on Monday underlined the need for avoiding speculations regarding the prices of petroleum products (POL) as these were primarily dependent on international market trends and the Rupee-dollar exchange rates. “Petroleum product prices in our country are primarily dependent on international market prices and the exchange rate… Continue reading OGRA for avoiding speculation on POL prices
SBP strongly rebuts placement of any restriction on LCs for Import of Oil, LNG and Petroleum products
SBP strongly rebuts placement of any restriction on LCs for Import of Oil, LNG and Petroleum products
Govt keeps prices of petroleum products unchanged
In line with the decision of the Prime Minister in the last fortnightly review, the government has decided to keep prices of petroleum products unchanged for the next 15 days. A statement issued by the finance ministry said despite abnormal price increases in the international market, the government has decided to bear the additional burden.… Continue reading Govt keeps prices of petroleum products unchanged
Petroleum products’ sale up 19% in January
On average, the sale witnessed an increase of 15% during first seven months (Jul-Jan) of current fiscal year as the sale rose from 11.27 million tons in Jul-Jan, 2020-21 to 12.9 million tons in same period of current fiscal year. According to details, the sale of Residual Furnace Oil (RFO) witnessed a decline of 11%… Continue reading Petroleum products’ sale up 19% in January
Prices of essential commodities on downward trend: Fawad
ISLAMABAD, Dec 16 (APP):Minister for Information and Broadcasting Chaudhry Fawad Hussain on Thursday said he had already predicted that in the coming days prices of essential commodities would see downward trend. In a tweet, he said after reduction in the price of petroleum products, prices of other commodities were also going down. The Minister said… Continue reading Prices of essential commodities on downward trend: Fawad
Petrol prices remain unchanged
ISLAMABAD, Nov 30 (APP):The government here on Tuesday decided to maintain the prices of petroleum products same as notified on November 15, 2021. Petrol would be sold at Rs145.82 per liter; High Speed Diesel at Rs142.62 per liter; kerosene oil at Rs116.53 per liter and light diesel oil at Rs114.07 per liter, according to a… Continue reading Petrol prices remain unchanged
Govt not getting sales tax on petroleum products: Spokesperson
ISLAMABAD, Nov 27 (APP): Spokesperson of Ministry of Finance Muzzammil Aslam on Saturday said that the government was getting zero percent sales tax on petroleum products. Talking to a private news channel, he said that the increase of levy does not mean to increase the price of petroleum. The charges of Islamabad to Lahore Motorways… Continue reading Govt not getting sales tax on petroleum products: Spokesperson
PM reduced sales tax on petroleum products to zero: Farrukh
ISLAMABAD, Nov 16 (APP):Minister of State for Information and Broadcasting Farrukh Habib said on Tuesday that Prime Minister Imran Khan has for the first time in Pakistan reduced the sales tax on petroleum products to zero instead of 17 per cent. In a tweet Farrukh Habib said that petroleum prices rose 100 percent globally. He… Continue reading PM reduced sales tax on petroleum products to zero: Farrukh
Opposition parties misleading nation by giving fake information on petroleum products: Hassan Khawar
ISLAMABAD, Nov 6 (APP):Special Assistant to Punjab Chief Minister Hassan Khawar has said that the opposition parties were misleading nation by giving fake information about tax increase on petroleum products. He said previous government were charging more tax than the Pakistan Tehreek-e-Insaf (PTI) government on the petroleum products, he said while talking to a private… Continue reading Opposition parties misleading nation by giving fake information on petroleum products: Hassan Khawar
Petroleum prices to remain unchanged: Finance Ministry
ISLAMABAD, Oct 30 (APP): As per directions of the Prime Minister of Pakistan, the prices of various petroleum products will remain unchanged for next fortnight to provide relief to the masses, Finance Ministry said Saturday. In a statement issued here, the ministry said, If there would be any price differential then government would bear the… Continue reading Petroleum prices to remain unchanged: Finance Ministry
Petroleum products in Pakistan still cheaper than many countries: Farrukh
ISLAMABAD, Sep 17 (APP): Minister of State for Information and Broadcasting Farrukh Habib said on Friday that Pakistan was still providing cheaper petroleum products than many countries in the world. In a tweet, he said the ratio of taxes on petroleum products during the rule of those who were now making hue and cry on… Continue reading Petroleum products in Pakistan still cheaper than many countries: Farrukh
Govt reduces prices of all petroleum products
ISLAMABAD, Aug 31 (APP): Despite international price fluctuation in petroleum products and anticipated increase in future prices, the government on Tuesday reduced prices of all petroleum products to provide relief to the consumers. According to press statement issued by the finance ministry, the price of petrol has been reduced by Rs1.50 per liter, from Rs119.80… Continue reading Govt reduces prices of all petroleum products
Exports jump 18.28% in FY21, 70% in June
The country’s exports posted record growth of 18.28% in Fiscal Year 2020-21 (June-July) over the last year besides witnessing a surge of 70.67% in June 2021 compared to same month of last year. According to the provisional figures compiled by the Pakistan Bureau of Statistics (PBS) issued on Monday, exports from Pakistan during June, 2021… Continue reading Exports jump 18.28% in FY21, 70% in June
Oil import bill shrinks by 21.7% to $6.44bn in 8 months
The country’s oil import bill witnessed reduction of 21.70 percent during the first eight months of the current fiscal year as compared to the corresponding period of last year. The country imported oil products worth $6445.601 million during July-February (2020-21) against the imports of $8232.294 million during July-February (2019-20), showing decline of 21.70 percent, according… Continue reading Oil import bill shrinks by 21.7% to $6.44bn in 8 months
Gov’t absorbs upward cost fluctuation, keeps petrol, diesel prices unchanged
ISLAMABAD, Mar 15 (APP):The government on Monday decided not to enhance price of petrol and high speed diesel, which would continue to be sold at Rs111.90 per liter and Rs 116.08 per liter respectively for next fortnight till March 31st. “The government has been absorbing the upward price fluctuation in International market in order to… Continue reading Gov’t absorbs upward cost fluctuation, keeps petrol, diesel prices unchanged
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