Govt announces 'significant decrease of Rs30-32' in diesel price after talks with refineries

Govt announces 'significant decline of Rs30-32' in diesel rate after discussions with refineries.

Key points

• Talking to the media, Petroleum Minister Ali Pervez Malik remarked diesel costs would be reduced by more than "Rs30 to Rs32" after the discussions with refineries.
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• The administration on Wednesday unveiled a "significant decrease" in diesel rates after holding negotiations with petroleum refineries.
• Prime Minister Shehbaz Sharif additionally produced a request to the refineries.

Govt announces 'significant decline of Rs30-32' in diesel rate after discussions with refineries. News Desk Published August 19, 2026 Updated August 19, 2026 07: 49pm. Add Dawn as a trusted source.

Meanwhile, the administration on Wednesday unveiled a "significant decrease" in diesel rates after holding negotiations with petroleum refineries.

Prime Minister Shehbaz Sharif additionally produced a request to the refineries. He instructed me, and after that we had two or three virtual meetings with the refineries.

I am happy to announce that the refineries have accepted the government's demand while acknowledging the difficulties, and decided on a significant decline of more than Rs30 or Rs32 in the diesel rate.

"After some time, you will see that Ogra, after its calculations, will finalise it."

Taken together, the developments around govt announces ' significant decrease of Rs30-32' in diesel price after talks with point to a situation that is still moving, and the coming days should bring more clarity.