ISLAMABAD: Finance Minister Ishaq Dar has said that the federal government has rejected a summary by Oil and Gas Regulatory Authority (OGRA) to increase prices of petroleum products for the month of August.
According to the summary, the authority had recommended increasing the price of kerosene oil by Rs3.94, high-octane by Rs0.60 and high-speed diesel by Rs0.26.
Speaking to media persons here in Islamabad on Saturday, he said petroleum prices would remain unchanged till August 31, 2016.
He said that the decision was taken on the directive of Prime Minister Nawaz Sharif.
Ishaq Dar further said that petroleum prices in Pakistan were the lowest in the region.
