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Ministry of Petroleum proposes rise in prices of petroleum products
Summary sent to Prime Minister Yousaf Raza Gilani for approval.
Summary sent to Prime Minister Yousaf Raza Gilani for approval.
The Ministry of Petroleum on Friday decided to increase the price of petroleum products and sent the summary of the proposal Prime Minister Yousaf Raza Gilani for approval.
According to sources, OGRA officials will make an official announcement of the price hike once the Petroleum Ministry’s summary has been approved.
The ministry of petroleum has proposed an increase of Rs4.85 in the cost of petrol, Rs4 in high speed diesel, Rs5.60 in kerosene oil, Rs9.32 in LDO and Rs1.80 in HOBC per litre.
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Why not just kill us once and for all….Recommend
very sad……..!!!!Recommend
I re-call MQM had assured last month that the petroleum prices will be reduced.Nothing happened.
Let us see the new gimmick this month Recommend
Gasoline prices in US is average $1.03 Per liter ( Rs.87 )
http://www.eia.doe.gov/oilgas/petroleum/datapublications/wrgp/mogashomepage.html
1 US gallon = 3.78541178 liters
Now in Pakistan, it will more then the price in US.
Now salary difference of a common man in both countries.
Average salary in US = about $ 4500 ( Rs. 382500)
Average salary in Pakistan = $ 353 ( Rs. 30000 )
This government has linked every commodity price with international market but salary not linked.Recommend
Have you actually managed to implement a single rise yet!!!!!!!Recommend
according to internal sources pakistan will go through a big crisis in a years time economy will shrink causing severe unemployment and security issuesRecommend
this is the death of humourRecommend
Listen people – we should now learn to live with high petrol prices. We import crude at international prices – just live with it. Not every other thing that the government does not have to be wrong.Recommend
MQM are you getting your desired share in from Patrol prices Recommend
The price of oil is going up all over the world. So is gold. What is wrong with people in Pakistan who don’t understand that if global prices go up – it follows that prices in Pakistan will also go up!Recommend
could anyone pls tell me…how much subsidy is given on petroleum products in Pakistan? and do the provinces also tax these products?
in India, cost of petrol and petroleum products costs vary from state to state depending on the local taxes. and this gives rise to ridiculously humorous scenes at some places…..
just to share an example with you guys…. last time I was visiting Assam in north east India.I was intriduged when our taxi driver got the tank filled not in Assam but about twenty metres across the road in Meghalaya state
and the price difference…almost three rupees per litre….
Assam is losing quite a bit of revenue due to the price differential. but for some unexplained reasons refuses to reduce the taxes….Recommend
our Government wants to snach our self respect and urging to become begger. vary sadly: our whole nation is still quite. never expect from our political parties that they will raise voice for us. we have to do this by our own. come on streets and do peaceful and civilized protest.Recommend
Pakistan economy has seen the worst after floods etc, it will do far better as predicted by many factors.
Our Judiciary had enough too, Supreme court has forced many crooks to return 1000s of Billions of rupees in last two years. It is planning to tighten the noose around some people in sitting government. Pakistan’s economy will shoot up after September this year. Recommend
Beware Pakistanis folks…http://karachimetrological.wordpress.com/2011/04/28/glaciers-are-melting-in-pakistan-but-late/
this is serious..Recommend
Petrol prices are jumping every now and then which ordinary people cannot afford to buy.
Pakistani scientist should start working on the other options so that vehicles should run on some other type of fluid, the price of which should be quite cheaper comparing to the prices of petrol, diesel or the CNG so that an ordinary person in the country should be able to afford it.
If people will leave buying expensive petrol, diesel or CNG, the prices of commodities in daily use will also come down simultaneously. Recommend