Starting July 1, 2025, fuel and gas prices in Pakistan are expected to see a significant increase, compounding the financial burden on already inflation-hit citizens.
Pakistan Stock Exchange Soars to Record High
Petrol and Diesel Prices Set to Rise
Petrol prices are projected to increase by Rs11 per litre, while diesel may go up by Rs15 per litre, according to initial confirmations from the Petroleum Division.
The Oil and Gas Regulatory Authority (OGRA) is expected to submit its pricing summary to the Ministry of Petroleum today. The final pricing decision will be made by the Finance Minister, in consultation with the Prime Minister, with an official announcement anticipated later this evening.
These changes follow a recent hike on June 16, 2025, when:
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Petrol prices rose by Rs4.80/litre
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High-Speed Diesel (HSD) prices increased by Rs7.95/litre
The upward adjustment in petroleum product prices is being attributed to:
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A global spike in crude oil prices
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Continued depreciation of the Pakistani rupee
Domestic Gas Prices Also Surge
In a parallel development, OGRA has officially notified a substantial increase in domestic and commercial gas tariffs, also effective July 1, 2025.
Key highlights include:
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Domestic gas prices revised between Rs200 and Rs4,200 per MMBTU
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Introduction of fixed monthly charges for all domestic consumers
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Certain categories will see a 50% increase in gas tariffs
OGRA’s official statement also confirms a 10% hike in gas prices for commercial users.
Impact on Consumers
These back-to-back increases in fuel and gas prices are expected to:
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Push inflation higher
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Increase household and transport costs
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Raise operational expenses for industries and SMEs
As citizens brace for another financial shock, many are questioning the sustainability of such pricing models amidst ongoing economic challenges.
Conclusion:
The energy price surge set for July 1, 2025, reflects Pakistan’s vulnerability to global oil markets and currency volatility. While OGRA and the government cite international trends and fiscal pressure, these hikes will likely deepen economic stress for ordinary Pakistanis.
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