SHC Against the Latest Surge in Petroleum Products Prices – Research Snipers

SHC Against the Latest Surge in Petroleum Products Prices

petroleum products prices

On Tuesday the Sindh High Court (SHC) asked for a reply from the Ministry of Petroleum and other related authorities over the latest surge in the prices of petroleum products, as per the reports of local media.

The court has issued such instructions while the hearing of the plea against the recent surge in the petrol prices.

The federal government concerned authorities and the petroleum ministry have been told to make sure that they submit their reply on the matter as soon as by the 16th of May.

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The court observed that a notice was given a month back has remained unanswered. The court then asked the additional attorney general for submitting a response in the next hearing session.

In the Senate Session of yesterday a noisy session was seen, when a senator of opposition made criticism on the government over the latest hike in the prices of petroleum products.

Senator Javed Abbasi said that the government has dropped a petrol bomb on the masses in the form of hike in the petroleum prices.

On the 3rd of May, the Economic Coordination Committee—ECC meeting on Friday gave approval on the increase in the prices of petroleum products by as much as Rs9 per liter for the month of May.

With the surge, the per liter price of petrol has now become Rs108. The meeting also gave approval to the suggested surge in the diesel prices by Rs4.89 per liter, kerosene price by Rs7.46 and the price of light diesel by Rs 6.40.

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