Abb Takk News

Petition Filed In SC Over Hike In Petroleum Prices

LAHORE: The increase in prices of petroleum products and the prevailing gas crisis have been challenged in the Supreme Court (SC) Karachi registry.

A citizen has filed the petition in which he asserted that the recent hike of petroleum product is tantamount to burden on the citizens which will increase inflation while he also added people also in distress over low pressure of gas and the gas crisis.

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.

Federal government, Secretary petroleum, secretary interior, MD SNGPL, LPG distributor, Chairmna Oil and Gas Regulatory Authority (OGRA) and others 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 raised by Rs2.61 per litre (from Rs113.99 to Rs116.60).The cost of High Speed Diesel (HSD) was revised with a difference of Rs2.25 (from Rs125.01 to Rs127.26).

OGRA also increased the price of keresone (KSO) with a maximum difference of Rs3.10. The Light Diesel Oil (LDO) also experienced a revision in its prices as existing Rs82.43 price was surged to Rs84.51 with an increase of Rs2.08.