Govt hikes petrol price by Rs6 a litre
ISLAMABAD: The federal government on Sunday announced to raise petrol price by six rupees a litre, ARY News reported.
Prices of petrol and high speed diesel have been increased by Rs6 a litre each. While, prices of kerosene oil and light diesel have been hiked by Rs3 a litre each.
The new petrol price will be Rs98.89 a litre and high speed diesel price will be Rs117.43 a litre.
Similarly, light diesel oil price and kerosene oil price will be Rs80.54 and Rs89.31 per litre respectively.
The new prices will be applicable from 12:00am tonight.
On March 29, the Oil and Gas Regulatory Authority (OGRA) had prepared a summary for another increase in rates of petroleum products up to Rs11 a litre from the month of April.
The regulatory authority had suggested the federal government for making an increase of Rs11.91 per litre in petrol rates from April 1.
In the summary sent to Petroleum Division, it was recommended to hike Rs11.17 per litre in high-speed diesel, Rs6.65 per litre on kerosene oil and Rs6.49 in light diesel.
On March 30, the Petroleum Division sources had said the prices of natural gas and Regassified Natural Gas (RLNG) were not being increased.
Rejecting media reports, sources at the Petroleum Division had said that media reports in this regard had no reality, Radio Pakistan had reported.