Islamabad, July 5, 2023 – The government of Pakistan has announced the updated petroleum prices, effective from July 5, 2023, until July 15, 2023. These prices will remain in effect unless there are earlier revisions. The petroleum prices in Pakistan as of July 5, 2023, are as follows:
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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 Petroleum Sales Hit 17-Year Low in FY23 Amid Economic Slowdown and Price Surge
Karachi, July 4, 2023 – Petroleum product sales in Pakistan have reached a 17-year low during the fiscal year 2022-23, according to recently released data on Tuesday. The decline in sales can be attributed to higher product prices and an overall economic slowdown, which have significantly impacted demand.
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Shell Pakistan Introduces Innovative Plastic-Infused Road in Karachi
Karachi, July 3, 2023: Shell Pakistan has taken a significant step towards promoting sustainability by introducing a plastic-infused road in Karachi.
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OGDCL Secures Two New Exploration Blocks in Sindh and Punjab
Karachi, July 3, 2023: The Oil and Gas Development Company Limited (OGDCL), a state-owned entity in Pakistan, announced on Monday that it has received provisional awards for two new exploration blocks in Sindh and Punjab.
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Petroleum Prices Today on July 3, 2023: Petrol, Diesel, and Kerosene Prices in Pakistan
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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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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