Govt approves new petroleum pricing mechanism
The federal government has approved a revised pricing mechanism for petroleum products, aimed at minimizing the impact of rising international petroleum prices on consumers, with the new framework to take effect immediately, according to a Government
July 20, 2026 (MLN): The federal government has approved a revised pricing mechanism for petroleum products, aimed at minimizing the impact of rising international petroleum prices on consumers, with the new framework to take effect immediately, according to a Government of Pakistan, Ministry of Energy (Petroleum Division) letter. Under the mechanism, the FOB price for both Motor Spirit (MS) and High-Speed Diesel (H...