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Latest Petrol Prices in Pakistan – 1 May 2022 Updated

latest petrol prices in pakistan 1 may 2022 updated

The Petrol Prices in Pakistan will remain unchanged from May 1, 2022 to May 15, 2022 on the directives of Prime Minister Shehbaz Sharif. Information Minister Marriyum Aurangzeb announced Thursday that he rejected the summary presented by the Oil and Gas Regulatory Authority (OGRA).

Petrol Prices in Pakistan 1 May 2022

Petrol prices in Pakistan will remain unchanged at Rs. 149.86 per litre, while the price of high-speed diesel will also remain at the current rate of Rs. 144.15 per litre. Meanwhile, kerosene prices will remain at Rs. 125.56 per litre, while light diesel oil prices will remain at Rs. 118.31 per litre.

PRODUCTCURRENT PRICE (PKR)NEW PRICE (PKR)Change (PKR)
Petrol149.86149.860.00
High Speed Diesel (HSD)144.15144.150.00
Kerosene Oil125.56125.560.00
Light Diesel Oil (LDO)118.31118.310.00

Marriyum Aurangzeb, the newly appointed Minister of Information, announced that Prime Minister Shehbaz Sharif has decided against the decision of the Oil and Gas Regulatory Authority (OGRA) to hike the Petrol Prices in Pakistan from 1 May 2022.

She says that the PM Imran Khan led government has accepted harsh conditions by the International Monetary Fund (IMF) which includes increasing prices of petroleum products. However, they are making maximum efforts to not put any further burdens on the people amid already high pressure.

Therefore, Prime Minister shehbaz Sharif has rejected the summary and decided the keep the petrol prices in Pakistan unchanged for the first half of next month from 1 May 2022 to 15 May 2022 in line with the decision of former prime minister Imran Khan.

New Govt's decision to not raise petrol prices

It is important to mention that Finance Minister Miftah Ismail announced that the increase in petrol prices would not be immediate; he advised people to stop filling their gas tanks out of panic.

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