Karachi, Lahore, Islamabad, and other cities across Pakistan have witnessed a recent update in petroleum prices, effective from July 3, 2023.
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You can go through stories related to energy. The stories are about changes in petroleum prices and updates on energy sector of Pakistan and world.
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Pakistan Sacrifices Public Sentiments this Eid; Raises Levy on Petrol to Rs55
Karachi, July 1, 2023: In a move that has disappointed the public during Eid ul Azha, the Pakistan government has decided to increase the levy on petrol to Rs55, instead of providing relief on petroleum prices. The decision, announced by Finance Minister Ishaq Dar, came into effect on July 1, 2023.
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Pakistan Increases High-Speed Diesel Price by Rs7.5 per Liter, Keeps Petrol Unchanged
Islamabad, June 30, 2023: Pakistan has announced an increase in the price of High-Speed Diesel (HSD) by Rs7.5 per liter for the next 15 days, while keeping the price of petrol unchanged.
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Pakistan Set to Surprise with Announcement of Petroleum Prices for Next 15 Days
Islamabad, June 29, 2023: Pakistan is preparing to make a surprise announcement regarding petroleum prices for the next 15 days, effective from July 1, 2023. The country follows a bi-weekly schedule for announcing price adjustments.
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Bonded Warehouse Policy Introduced to Address Petroleum Sector Issues: Musadik Malik
Islamabad: In a bid to tackle the persistent dry outs in the petroleum sector, the government of Pakistan has unveiled a new policy known as the “bonded warehouse.”
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ECC Approves Policy for Petroleum Import through Customs Bonded Storage Facilities
Islamabad: In a meeting chaired by Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar, the Economic Coordination Committee (ECC) of the Cabinet approved policy guidelines for the import of foreign supplier’s account through customs bonded storage facilities.
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Second Shipment of Russian Crude Oil Arrives in Pakistan
Karachi, June 27, 2023 – A second shipment of discounted Russian crude oil, weighing 55,000 tonnes, reached the Karachi port on Tuesday.
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Pakistan Set to Announce Petroleum Prices for First Half of July 2023
Islamabad, June 27, 2023: The Pakistani government is gearing up to announce the petroleum prices for the first half of July 2023 on June 30.
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Pakistan Jacks Up Petroleum Levy to Rs60 per Liter
In a bid to generate non-tax revenue, Pakistan has recently announced an increase in the petroleum levy, raising it to Rs60 per liter.
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Happy Hours Continue as Pakistan Keeps Petroleum Prices Unchanged till June 30
In a move that brings joy to the citizens of Pakistan, the government has announced that petroleum prices will remain unchanged until June 30, 2023, extending the period of Happy Hours.
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