National Refinery has once again increased the prices of lube base oil by Rs 3.0 per litre which would result in sharp increase in all the lubricating oils by at least Rs 4.0 per litre. All Pakistan Lubricants Manufacturers Association (APLMA) Chairman Mian Zahid Husain, while condemning the arbitrary act of the refineries, warned that this increase could result in increasing the price of every brand of lubricating oil by Rs 10 per litre. Zahid informed that National Refinery has so far increased the price by Rs 33 per litre in the last five months and this is fourth announcement of a price increase for lube base oil products during the period. “The lubricating oil manufacturers are constantly being ignored by the Attock Refinery, the stakeholders of National Refinery and it is raising prices without any consultation with the stakeholders on vague pretexts”, alleged Zahid while asking government to intervene into the matter and get the refinery’s decision reversed. He said that no government functionary is taking notice of the arbitrary increases in the lube oil prices to the anger of lubricants manufacturers and car owners who have been forced to buy overly priced motor oils.
peple not efford increasing prices……. plz consider ds
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