Pakistan cuts diesel prices, keeps petrol unchanged for next fortnight

A worker holds a fuel nozzle to fills fuel in a car, after the government announced the increase of petrol and diesel prices, at petrol station in Karachi, Pakistan, on September 16, 2023. (Reuters/File)
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Updated 16 December 2025
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Pakistan cuts diesel prices, keeps petrol unchanged for next fortnight

  • Diesel reduction expected to ease transport and food costs
  • Fuel pricing remains tightly regulated amid IMF-backed reforms

KARACHI: Pakistan on Tuesday lowered the retail price of high-speed diesel while keeping petrol prices unchanged for the next two weeks, offering limited relief to transporters and businesses as the country navigates inflation pressures and economic reforms.

Fuel prices are closely watched in Pakistan because diesel is widely used in freight transport, agriculture and power generation, meaning changes can quickly feed into food prices and overall inflation. Petrol, meanwhile, primarily affects private motorists and urban consumers. The government revises fuel prices every fortnight, based largely on global oil prices, exchange rates and taxes.

The move comes as Pakistan seeks to balance inflation control with fiscal discipline under an International Monetary Fund loan program, which limits the government’s ability to offer broad fuel subsidies. Energy pricing has been a sensitive political issue in the country, where fuel costs directly affect household budgets and business expenses.

“The government has revised the prices of the petroleum products based on recommendations of OGRA,” the petroleum division said in a notification issued late Monday, referring to the regulator. 

According to the notification, the price of high-speed diesel was reduced by 14 rupees per liter, bringing it down to 265.65 rupees per liter, effective from today, Dec. 16. The price of petrol, officially termed motor spirit, was left unchanged at 263.45 rupees per liter for the same period.

Diesel accounts for a large share of fuel consumption in Pakistan and is critical for trucking, farming machinery and inter-city transport. Analysts say even modest reductions can help contain transport costs, though the impact depends on whether savings are passed on to consumers.

Pakistan has been adjusting fuel prices regularly since removing blanket subsidies in recent years as part of wider economic reforms aimed at reducing budget deficits and stabilizing the economy. The government has repeatedly said that energy pricing decisions must reflect market conditions while protecting public finances.
 


Customs seize narcotics, smuggled goods, vehicles worth $4.9 million in southwest Pakistan

Updated 16 December 2025
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Customs seize narcotics, smuggled goods, vehicles worth $4.9 million in southwest Pakistan

  • Customs seize 22.14 kg narcotics, consignments of smuggled betel nuts, Hino trucks, auto parts, says FBR
  • Smuggled goods enter Pakistan’s Balochistan province from neighboring countries Iran and Afghanistan

ISLAMABAD: Pakistan Customs seized narcotics, smuggled goods and vehicles worth a total of Rs1.38 billion [$4.92 million] in the southwestern Balochistan province on Tuesday, the Federal Board of Revenue (FBR) said in a statement. 

Customs Enforcement Quetta seized and recovered 22.14 kilograms of narcotics and consignments of smuggled goods comprising betel nuts, Indian medicines, Chinese salt, auto parts, a ROCO vehicle and three Hino trucks in two separate operations, the FBR said. All items cost an estimated Rs1.38 billion, it added. 

Smuggled items make their way into Pakistan through southwestern Balochistan province, which borders Iran and Afghanistan. 

“These operations are part of the collectorate’s intensified enforcement drive aimed at curbing smuggling and dismantling illegal trade networks,” the FBR said. 

“All the seized narcotics, goods and vehicles have been taken into custody, and legal proceedings under the Customs Act 1969 have been formally initiated.”

In the first operation, customs officials intercepted three containers during routine checking at FEU Zariat Cross (ZC) area. The containers were being transported from Quetta to Pakistan’s Punjab and Khyber Pakhtunkhwa provinces, the FBR said. 

The vehicles intercepted included three Hino trucks. Their detailed examination led to the recovery of the smuggled goods which were concealed in the containers.

In the second operation, the staff of the Collectorate of Enforcement Customs, Quetta, intercepted a ROCO vehicle at Zariat Cross area with the local police’s assistance. 

The driver was interrogated while the vehicle was searched, the FBR said. 

“During interrogation, it was disclosed that drugs were concealed inside the spare wheel at the bottom side of the vehicle,” it said. 

“Upon thorough checking, suspected narcotics believed to be heroin was recovered which was packed in 41 packets, each weighing 0.54 kilograms.”

The narcotics weighed a total of 22.14 kilograms, with an estimated value of Rs1.23 billion in the international market, the FBR concluded. 

“The Federal Board of Revenue has commended the Customs Enforcement Quetta team for their effective action and reiterated its firm resolve to combat smuggling, illicit trade and illegal economic activities across the country,” it said.