The government has again increased the price of petrol by Rs 1.45 per litre. The federal government has once again announced a hike in petrol price by Rs 1.45 per litre, a notification from the finance department issued early on Wednesday.
After the price changes, according to the notification, petrol will now be available at Rs 237.43 per litre.
On September 16 (Friday), the price of petroleum products will decrease from Rs.235.98 to Rs.226.36 per liter and for the next fortnight on September 16 (Friday) it will be Rs.
While the revised petroleum prices were supposed to be announced on September 16, the government has delayed announcing the revised petroleum prices.
Read more: Pakistan assures IMF of gradual hike in petroleum levy to Rs.50
According to sources, the Oil and Gas Regulatory Authority (OGRA) did not propose to cut petrol and diesel prices in its summary sent to the finance department.
Prices of petroleum products revised. pic.twitter.com/bfqBMnPyIi
— Ministry of Finance (@FinMinistryPak) September 20, 2022
As per the revised petroleum prices for the rest of September, the price of light speed diesel (LSD) has come down by Rs 4.26 per litre, after which LSD will now be available at Rs 197.28 per litre.
However, the price of High-Speed Diesel (HSD) will remain the same at Rs 247.43 per litre.
In its notification, the finance department said that the price of kerosene oil has been reduced to Rs 8.30 per liter and thereafter it will be sold at Rs 202.02 per litre.
The notification states that the new rates will come into effect from September 21.