PM says petroleum prices won’t change during July

June 30:

While addressing a ceremony after performing the ground breaking of Rs 21 billion project of upgradation of Islamabad Expressway to a 10-lane highway, Prime Minister Nawaz Sharif Tuesday announced that the prices of petroleum products will remain unchanged during July.

“The government will not increase the prices of petroleum products for the next month,” the premier said after unveiling the plaque of the project at the Shakarparian Parade Ground.

Moreover, PM Sharif said that he has directed the petroleum minister to implement plans for generation of 1,000 MWs of electricity through gas by next year so that people get further relief with respect to electricity load shedding by next summer. He said that 1,400 MWs of electricity would be added from Tarbela-IV project which is to be completed by 2017 while Neelum Jhelum would also provide 960 MWs of electricity.

On the occasion, the prime minister expressed confidence that the electricity crisis would be overcome by 2017. He said apart from generating more electricity, the government was also concentrating on bringing down electricity prices. He recalled that the rate of electricity went down by Rs 5.32 during two years of the present government.

Source: http://www.pakistantoday.com.pk/2015/06/30/national/pm-says-petroleum-prices-wont-change-during-july/?

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