The rise in fuel prices is being contested in the LHC.

LAHORE, Pakistan (Channel News) – The increase in petroleum product prices on Saturday has been contested in the Lahore High Court (LHC).

According to the information, the petition has been joined by the Oil and Gas Regulatory Authority (OGRA), the federal government, and others.

The petitioner has asked the court to overturn the decision to raise the pricing of gasoline products.

The news follows the government’s intention to raise petrol prices by Rs4 on New Year’s Eve 2022.

According to the Finance Ministry, the price of fuel would be Rs144.82 a litre. The price of fuel has also been hiked by Rs4, and it will now be sold at Rs141.62 per litre.

According to the announcement, the price of high speed diesel has been hiked by Rs4 and will now be sold at Rs141.62 per litre, while the price of light diesel oil has been raised to Rs111.06 per litre from Rs107.06 per litre. Similarly, kerosene prices would rise from Rs109.53 to Rs113.53 per litre.

The price of light diesel oil would rise from Rs107.06 to Rs111.06 per litre. Similarly, kerosene prices would rise from Rs109.53 to Rs113.53 per litre.

According to the letter, the raise will begin on January 1. According to information, PM has granted maximum relief on IMF charged charges, but OGRA has advised a rise in pricing.

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