Petroleum Price Hike Challenged In LHC.

The recent hike in prices of petroleum products by the federal government was challenged in the Lahore High Court (LHC).

According to details, Advocate Azhar Siddiq has filed a petition in court on behalf of the judicial activism panel. Oil and Gas Regulatory Authority (OGRA) and the federal government were made respondents in the petition.

The petitioner argued that the ruling coalition has increased the prices of petroleum products, despite fall in the international market. 'The prices were increased without taking approval from the federal cabinet,' the petition stated.

The petition further stated that no concrete reasons were provided for the increase in prices of petroleum products, urging the Lahore High Court (LHC) to declare the hike null and void.

A day earlier, the federal government once again jacked up the prices of petroleum products by Rs10 per litre for the first half of...