Govt decides no change in petrol price for next 15 days

Local LPG price increases by Rs 33,91 per 11.8-kg cylinder

Statesman Report

ISLAMABAD: The government, on the directives of Prime Minister Imran Khan, on Wednesday decided to maintain the price of petrol and reduce the price of High Speed Diesel by Rs 2.40 per litre for the next 15 days.

“No increase in price of petrol and decrease of Rs 2.40 per litre in HSD for the next 15 days,” the Prime Minister’s Office said.

The current price of petrol stands at Rs103.97 per litre, whereas the per-litre prices of diesel, kerosene oil, and light diesel are Rs106.6, Rs65.29, and Rs62.86, respectively.

The Oil and Gas Regulatory Authority’s (OGRA), in its summary to the petroleum division, had suggested a reduction of Rs1.15 per litre in the petrol price during the first 15 days of October.

Meanwhile, the OGRA on Wednesday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of October.

According to the notification, the authority has increased the locally produced LPG price by Rs 33.91 per cylinder of 11.8 kilogram.  After the revised price, the cylinder would be sold in the open market at Rs1,416.29, which was available at Rs1,382.38 during the month of September.

Whereas, the per Metric Ton (MT) LPG rate has been fixed at Rs120,024.19 for the month of October.

The commodity sale price per MT was Rs117,151.14 during the month of September.

The new price will be effective from October 1.