A petition was filed in the Lahore High Court (LHC) on Thursday seeking reversal of recent increase in prices of petroleum products.
The petition has been filed by a citizen named Munir Ahmed through his lawyer Azhar Siddique. He has made the petroleum minister, the Oil and Gas Regulatory Authority (Ogra) and others in the case.
The petitioner argued that the increase in petroleum prices was illegal and pleaded the high court to declared the notification issued by the governments to jack up the prices null and void.
In an overnight move, the federal government increased the price of petrol by Rs22.20 per litre taking it to the Rs272 per litre. The new price of high-speed diesel has been fixed as Rs280 per litre after an increase of Rs17.20.
The prices of kerosene oil and light diesel oil have been increased by Rs12.90 and Rs9.68 per litre each. The kerosene oil reached at Rs202.73 per litre after a surge of Rs12.90 and light diesel oil at Rs196.68 per litre after an increase of Rs9.68.
