Recent hike in POL prices challenged before LHC

Lawyer-petitioner says recent increase in prices of petroleum products is illegal 

A writ petition was moved on Saturday to the Lahore High Court (LHC) challenging the recent increase in prices of petroleum products.

Advocate Azhar Siddique filed the petition submitting that the hike was illegal as the government increased the prices without the approval of the federal government.

The petition came a day after the government on Friday morning jacked up the price of petrol by Rs8.03 per litre for petrol and Rs8.14 per litre for HSD with immediate effect.

According to a notification issued in this regard, the new price of petrol will be Rs 145.82 per litre against the current rate of Rs 137.79 per litre. The price of high-speed diesel (HSD) will be Rs142.62 per litre.

The development had caused an uproar, specifically among opposition parties Pakistan People’s Party (PPP) and PML-N, with the former terming the move ‘takleef [pain] package’ and the latter moving a resolution in the provincial legislature of Punjab.

Moreover, the price of kerosene oil was also increased by Rs6.27 per litre to Rs116.53 per litre. In addition, the price of light diesel oil has been enhanced by Rs5.72 per litre. The new price of light diesel oil will thus be Rs114.07 per litre.