The increase in prices of petroleum products on Thursday has b
een challenged in the Supreme Court (SC). According to details, the claimant has requested the apex court to declare this ‘unconstitutional’ raise in the prices by the government of Pakistan Tehreek-e-Insaf (PTI) as null and void. Oil and Gas Regulatory Autho
rity (OGRA) and Establishment Secretary have been made party in the petition. Earlier, a plea against new prices of the petroleum products was also filed in Lahore High Court (LHC). The applicant said that the matter is already under hearing in the court, therefore the hike in the cost should be nullified. The pleas came after the prices of petrol were r
aised by Rs 2.61 per litre (from Rs 113.99 to Rs 116.60).The cos
t of High Speed Diesel (HSD) was revised with a difference of Rs 2.25 (from Rs 125.01 to Rs 127.26). OGRA also increased the price of keresone (KSO) with a maximum difference of Rs 3.10. The Light Diesel Oil (LDO) also experienced a revision in its prices as existing Rs 82.43 price was surged to Rs 84.51 with an increa
se of Rs 2.08.
