Pakistan keeps petrol price unchanged, slashes diesel by Rs3 per liter
Pakistan keeps petrol price unchanged, slashes diesel by Rs3 per liter /node/2613700/pakistan
Pakistan keeps petrol price unchanged, slashes diesel by Rs3 per liter
This picture taken on January 30, 2023 shows resident Saleem Qureshi (C) filling petrol in his motorcycle at a gasoline station in Pakistan's port city of Karachi. (AFP/File)
KARACHI: Pakistan has kept the price of petrol unchanged for the next fortnight while slashing the price of high-speed diesel by Rs3 per liter, a notification by the Finance Division said on Sunday, saying the decision had been taken based on the recommendations of the Oil and Gas Regulatory Authority (OGRA) and relevant authorities.Â
This is the second consecutive time the government has slashed the price of high-speed diesel but kept petrol prices unchanged. On Aug. 15, the Finance Divisionâs notification announced that the government had slashed the price of high-speed diesel by Rs12.84 but kept the petrol price unchanged.Â
The new price of high-speed diesel has been set at Rs269.99 per liter while the price of light diesel oil has been slashed by Rs2.40 rupees to Rs159.76 per liter. The new price of superior kerosene oil has been kept at Rs178.81 after the government slashed it by Rs1.46 per liter. Meanwhile, the government has kept the price of petrol unchanged for the next fortnight at Rs264.61 per liter.Â
âThe government has revised petroleum product prices for the fortnight starting tomorrow, in line with the recommendations of OGRA and the ministries concerned,â the Finance Division said in its notification on Sunday.
The new prices come into effect from Monday.Â
Fuel prices in Pakistan are adjusted every two weeks and are influenced by global oil market trends, currency fluctuations and changes in domestic taxation. The mechanism ensures that the net impact of changes in import costs is passed on to consumers, helping sustain the countryâs fuel supply chain.
However, the latest revision in prices is unlikely to have a major effect on citizens as petrol is mostly used for private transport, small vehicles, rickshaws and two-wheelers. Diesel, on the other hand, powers heavy vehicles used for transportation of good across the South Asian country.Â
ISLAMABAD: An earthquake of magnitude 6.0 struck southeastern Afghanistan on Monday, Pakistanâs Met Office said, with jolts felt in several districts of Pakistanâs northwestern Khyber Pakhtunkhwa province.
The Provincial Disaster Management Authority (PDMA) said tremors were felt in multiple areas and its emergency operations center had established contact with all district administrations to monitor the situation.
âDistrict administrations have been instructed to remain alert to deal with any possible situation,â the PDMA said in a statement.
The authority added that the process of collecting information about potential damage was underway, but âso far no reports of casualties or property loss have been received at the PDMA control room.â
Citizens were advised to report any untoward incident at the emergency helpline 1700.
Pakistan sits atop the boundary of the Indian and Eurasian tectonic plates and is frequently prone to seismic activity.
In October 2005, a 7.6-magnitude earthquake devastated northern Pakistan and parts of Kashmir, killing more than 73,000 people and leaving around 3.5 million homeless, according to official figures.
More recently, a 7.7-magnitude quake struck Balochistan in September 2013, flattening entire villages and killing at least 825 people.
ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Sunday met with world leaders, including Russian President Vladimir Putin and Turkiyeâs Recep Tayyip Erdogan, on the sidelines of a two-day summit of the Shanghai Cooperation Organizationâs (SCO) Council of Heads of State (CHS), Sharifâs office said.
Sharif, who arrived on a six-day visit to China this week, was welcomed by President Xi Jinping at a banquet organized for leaders participating in the 25th SCO Council of Heads of States meeting in Tianjin.
The prime minister also held informal meetings with Malaysian PM Anwar Ibrahim, Belarusian President Alexander Lukashenko, Azerbaijanâs Ilham Aliyev, Tajik President Emomali Rahmon, Turkmenistanâs Serdar Berdimuhamedov, Kyrgyz President Sadyr Japarov, Maldivian President Mohamed Muizzu and United Nations Secretary-General AntĂłnio Guterres.
âPrime Minister Shehbaz Sharif was seen receiving extraordinary warmth from world leaders,â Sharifâs office said. âThe closeness observed in these meetings reflects the brotherly and friendly relations between Pakistan and these countries.â
The SCO comprises China, India, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Belarus, with 16 more countries affiliated as observers or âdialogue partners.â
China has long sought to present the regional group as a counterweight to Western-led power blocs and has pushed for greater collaboration between its member states.
On Sunday, Sharif held a meeting with Turkiyeâs Erdogan, according to the formerâs office. The two leaders condemned Israelâs âgenocidalâ policies in Gaza and vowed to advocate for Palestinian rights at all international platforms.
âThe two sides exchanged views on key regional and international developments,â Sharifâs office said. âThey expressed grave concern over the worsening humanitarian situation in Gaza and reaffirmed their shared commitment to using international platforms to advocate for the legitimate rights of the Palestinian people and to condemn the ongoing Israeli aggression and genocidal policies.â
Sharif, who arrived in China on Saturday, will remain in the country till Sept. 4 to hold talks with senior Chinese leadership, including the countryâs President Xi Jinping and Prime Minister Li Qiang, an earlier statement from the foreign office said.
China has long been Pakistanâs largest investor and its closest strategic ally, anchored by the multibillion-dollar China-Pakistan Economic Corridor (CPEC). Both sides are working to advance into âCPEC 2.0,â focused on industrialization, agriculture, energy and connectivity.
During the visit, the Pakistani prime minister will also chair the second Pakistan-China B2B Investment Conference in Beijing on Sept. 4 to boost trade and investment ties, the PM Office said in an earlier statement on Saturday.
ISLAMABAD: Pakistan and Armenia on Sunday formalized diplomatic relations with an exchange of a joint communique between the two sides in China, the Pakistani foreign office said, with both sides discussing cooperation in economy, tourism and other sectors.
Pakistan and Armenia did not have diplomatic ties mainly due to the rivalry between Azerbaijan and Armenia over the disputed Karabakh region, with Islamabad consistently backing Baku.
This month, Pakistani Foreign Minister Ishaq Dar held a telephonic conversation with his Armenian counterpart Ararat Mirzoyan, during which they agreed to consider establishing Islamabad-Yerevan diplomatic ties.
The phone call followed US President Donald Trump announcement that Armenia and Azerbaijan had committed to lasting peace after decades of conflict as he hosted the leaders of the South Caucasus rivals at a White House signing event.
âMarking a historic step forward, both the leaders affirmed their commitment to the principles and objectives of United Nations Charter and discussed possible avenues of cooperation including economy, education, culture, and tourism.â
The development comes as Pakistan, which is slowly recovering from a macroeconomic crisis under a $7 billion International Monetary Fund (IMF) loan, looks to capitalize on its geostrategic location to boost regional trade and tourism for a sustainable recovery.
The two leaders reaffirmed their desire to work closely with each other at bilateral and multilateral fora, to achieve their shared objectives of peace, progress, and prosperity for the peoples of their two countries, according to the Pakistani foreign office said.
Christian-majority Armenia and Muslim-majority Azerbaijan feuded for decades over their border and the status of ethnic enclaves within each otherâs territories. The nations went to war twice over the disputed Karabakh region, which Azerbaijan recaptured from Armenian forces in a lightning 2023 offensive, sparking the exodus of more than 100,000 ethnic Armenians.
Islamabad had welcomed the peace agreement between Azerbaijan and Armenia, hoping that it would open new avenues for trade and regional connectivity.
âThis landmark development marks the dawn of a new era of peace, stability, and cooperation in the South Caucasus, a region that has endured decades of conflict and human suffering,â Pakistan Prime Minister Shehbaz Sharif said on August 9.
âIt is our hope that this spirit of dialogue will serve as an example for other regions facing protracted conflicts.â
ISLAMABAD: Pakistanâs top disaster management body has warned that the country is facing a climate emergency as major natural hazards have been hitting every two months and now pose a grave ânational security threat,â underscoring the urgent need for resilience and preparedness measures.
Pakistan, which ranks among the worldâs most climate-vulnerable nations, has experienced increasingly erratic, frequent weather events, including heat waves, untimely rains, storms, cyclones and droughts, in recent years, which scientists have blamed on human-driven climate change.
The South Asian country is currently reeling from one of the deadliest floods in its history that have claimed more than 850 lives, according to the National Disaster Management Authority (NDMA). The deluges swept away livestock and swathes of prime farmland in the most populous Punjab province.
Speaking at a press briefing on Sunday, NDMA chief Lt. Gen. Inam Haider Malik said they were planning short-, medium- and long-term measures to deal with these frequently occurring climate disasters, including the monsoon season that bring South Asia up to 80 percent of its annual rainfall.
âAfter every two months, Pakistan is facing a big disaster, in which the winter hazards are yet to come, after that, the early heatwave will come, and whatever will be triggered by the early heatwave, in which there are forest fires, and the next heatwave, and after that, another monsoon,â Malik said.
Residents inspect the remains of damaged property after water levels receded along the right bank of the Ravi River, following recent floods caused by monsoon rains, in Lahore, Pakistan on August 31, 2025. (REUTERS)
âUnfortunately, this is a part of reality, as we just talked about, in climate change, this is intensifying in the coming years... now climate change is being taken as a national security threat.â
Global warming has worsened monsoon rains this year in Pakistan. While downpours and cloudbursts have triggered flash floods and landslides across the mountainous northern regions, residents in eastern Punjab have experienced abnormal amounts of rain as well as cross-border flooding after India released excess water from its overflowing dams into Pakistan.
In May, severe storms killed at least 32 people in northern parts of the country, while other regions experienced sweltering heatwaves.
Climate Change Minister Musadiq Malik said âthe whole country is in chaosâ right now, adding that they have been sharing their assessments reports with the prime minister as well as the military leadership.
He said their top priority is to provide relief to the poorest 800,000 of a total of 2 million people displaced by the deluges.
âWe are trying very hard, 800,000 of them are those poor people who have no rich relatives, who have been displaced, who need water, who have water-borne diseases, that is, water which is not available, water which is not drinkable, the diseases that spread because of that, so that this epidemic does not spread,â he said.
Residents who fled from a flooded area are seen with their belongings as they take refuge along a road, following monsoon rains and rising water levels of the Chenab River, in Harsa Bhula village, Chiniot district, Punjab province, Pakistan on August 30, 2025. (REUTERS)
âWe have to deliver mosquito nets, we have to deliver tents, we have to deliver food, we have to deliver electricity, for all these things, our primary focus is on those displaced poor people on whom work is being done.â
The deluges have revived memories of the 2022 cataclysmic floods when a third of Pakistan was submerged, with more than 1,700 people killed, over 30 million affected and damages totaling $35 billion.
In the southern Sindh province, from where the dangerously high floodwaters are likely to pass in the coming days, local authorities have already started evacuating people to safety with support from army, navy and NDMA.
âIt is our duty to protect every citizen,â the climate change minister said. âAll the civil institutions are standing with the provinces, our 1122 is standing with the provinces, so God willing, we will minimize the damage.â
ISLAMABAD: Pakistan and Turkiye have condemned Israelâs âgenocidalâ policies in Gaza and vowed to advocate for Palestinian rights at all international platforms, the Pakistani prime ministerâs office said on Sunday.
The statement came after Prime Minister Shehbaz Sharifâs meeting with Turkish President Recep Tayyip Erdogan in Tianjin, China on the sidelines of a meeting of the Shanghai Cooperation Organizationâs (SCO) Council of Heads of State (CHS).
Israelâs war on Gaza has killed more than 62,000 people, including children, doctors, health workers and journalists, since Oct. 2023, according to Gaza health authorities and the United Nations.
The United Nations (UN) this month warned of crimes against humanity and reported âcatastrophic levels of forced starvationâ in the territory, with more than two million people at risk of famine.
âThe two sides exchanged views on key regional and international developments,â Sharifâs office said in a statement after his meeting with Erdogan.
âThey expressed grave concern over the worsening humanitarian situation in Gaza and reaffirmed their shared commitment to using international platforms to advocate for the legitimate rights of the Palestinian people and to condemn the ongoing Israeli aggression and genocidal policies.â
The two figures reviewed the current state of Pakistan-Turkiye relations and expressed satisfaction over the growing momentum in bilateral ties, according to the statement. They noted with appreciation the steady increase in high-level exchanges and cooperation across a broad spectrum, including political, economic, defense, and security domains.
âThe meeting reaffirmed the deep-rooted brotherly ties between Pakistan and TĂŒrkiye and underscored their shared resolve to further strengthen cooperation for peace, stability, and prosperity in the Muslim world and beyond,â Sharifâs office said.
Sharif, who is on a six-day visit to China, will also be addressing the SCO summit which is being attended by more than 20 foreign leaders, including Indian Prime Minister Narendra Modi and Russian President Vladimir Putin.
Pakistanâs foreign office earlier said that Sharifâs meetings with President Xi Jinping and Premier Li Qiang during the visit will focus on multifaceted dimensions of Pakistan-China bilateral cooperation.