Oil ‘outcry’ in Pakistan: Petrol crosses ₹ 320, then one has to pay ₹ 5000 for the cylinder; Know what are today’s prices

Islamabad/New Delhi. Neighboring country Pakistan has been the worst affected by the fierce war that broke out between America, Israel and Iran in West Asia (Middle East). The fire of war has scorched the economy of Pakistan, due to which a severe crisis of ‘oil and gas’ has arisen there. The situation is so uncontrollable that the general public is now yearning for every grain as well as every drop of fuel. Skyrocketing prices and depleting stocks have given sleepless nights to the Shehbaz government.

Petrol and diesel prices cross Rs 335, huge subsidy burden on government

The prices of petrol and diesel in Pakistan were already far beyond the reach of the common man, which now remain at record levels. currently Petrol PKR 321.17 per liter and Diesel PKR 335.86 It is being sold at the historical level of Rs.1 per litre. However, in view of public anger, the government has not increased the prices at present, but for this the government is having to pay a heavy price. Due to the rise of crude oil in the international market, the government itself has to give huge subsidy of ₹ 95.59 per liter on petrol and ₹ 203.88 per liter on diesel to the oil companies.

LPG and kerosene extinguished the stove of the poor

The most heartbreaking situation is regarding LPG and kerosene. According to the report of ‘Dawn’, the price of 11.67 kg LPG cylinder which was earlier around PKR 3,150, has now increased. 5,135 PKR Has reached. At the same time, kerosene (kerosene), which is called the support of the poor, has also become expensive. 433.40 PKR per liter. This rampant inflation has created a crisis for the poor and middle class to earn two meals a day.

Air travel skyrocketing: Jet fuel prices increased 5 times in 28 days

The heat of war is now being felt even in the sky. According to ‘The Express Tribune’, the prices of jet fuel have been increased for the 5th time in the last 28 days. jet fuel now 476.97 PKR per liter is at an all-time high. Since the beginning of March, it has increased by ₹ 288 per liter, due to which the airfare has become completely out of reach of the general public.

Countdown begins: Pakistan has only a few days’ stock left

The figures given by the Secretary of the Petroleum Department to the Senate Standing Committee are frightening. Pakistan’s energy security is now on the verge of collapsing like a house of cards. At present, Pakistan has very limited oil and gas stocks:

• LPG: just 9 days

• Crude Oil: only 11 days

• Jet Fuel: 14 days

• diesel: 21 days

• petrol: 27 days

Supply chain collapsed: fear of ‘darkness’ after April 14

Pakistan as per its need 70% oil middle east Imports from India, but due to the war the shipping routes (sea routes) are almost closed. Pakistan is now requesting Iran to bring oil through the ‘Strait of Hormuz’. According to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the daily gas supply from Iran has also reduced to half due to holidays and war. Experts believe that if the situation does not improve by April 14, a situation of complete ‘energy lockdown’ may arise in Pakistan.