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Govt announces 'significant decrease of Rs30-32' in diesel price after talks with refineries

The government on Wednesday announced a “significant decrease” in diesel prices after holding talks with petroleum refineries. Talking to the media, Petroleum Minister Ali Pervez Malik said the government had held talks with refineries and diesel prices would be reduced by more than “Rs30 to Rs32”. “Prime Minister Shehbaz Sharif also made a request to the refineries. He instructed me, and after…

Govt announces 'significant decrease of Rs30-32' in diesel price after talks with refineries

The Pakistani government has announced a significant decrease in diesel prices, following discussions with petroleum refineries. Petroleum Minister Ali Pervez Malik informed the media that the price reduction will be more than Rs30 to Rs32. Prime Minister Shehbaz Sharif had requested refineries to consider the decrease, and after multiple virtual meetings, the refineries agreed to the government's demand, citing difficulties but ultimately accepting the substantial reduction. The final figure will be confirmed by Ogra after further calculations.

Brief written by urgent.news from Dawn Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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