Prime Minister Nawaz Sharif on Saturday announced that per litre price of petroleum has been further slashed by Rs7.99, with the new at Rs70.29 per litre now.
With the new reduction in petrol prices, petroleum will now be cheaper than Compressed Natural Gas (CNG), the price of which stands at Rs76.35 for region I (Khyber Pakhtunkhwa, Balochistan and the Potohar zone including Rawalpindi and Islamabad) and Rs71.50 per kg for region II (Sindh and Punjab excluding the Potohar zone).
31 Jan, 2015 Petrol & Diesel Prices in Pakistan – Find latest monthly revision / updated petroleum products prices in Pakistan on Pakbiz.com. OGRA (Oil & Gas Regulatory Authority) of Pakistan proposed a new petroleum products prices to Ministry of Petroleum of Pakistan on every end of the month,
and then ministry of petroleum & natural resources decides it new revision prices for the next month. The proposed fuel prices by OGRA are based on international market of Oil & gas and its current position of up and down. Find premium XL / petrol prices, Green XL / HSD (high speed diesel prices, LSD (light speed diesel) prices, SKO (Kerosene oil) prices, E-10 Gasoline and HOBC (Hi-octane Blending compound) prices. Petroleum prices are causes major impact on Pakistan’s economy and it is directly effects on general public.
Addressing a press conference here, he said petrol prices are being reduced by Rs7.99 per litre, HBOC Rs11.82 per litre, kerosene oil Rs10.48, light diesel oil Rs9.56 and high diesel oil by Rs5.62 per litre.
The per litre price of High Octane Blending Component (HOBC) has come down from Rs92 to Rs80.18.
The price of High Speed Diesel (HSD), which is widely used in heavy vehicles and the agriculture sector, has been slashed by Rs5.62 per litre bringing its price down to Rs80.61 per litre from Rs86.23 per litre.
The price of light diesel oil was cut down from Rs67.5 per litre to Rs Rs57.94 per litre.
The price of Kerosene oil, which is used as kitchen fuel in remote areas of the country, came down to Rs61.44 per litre from Rs71.92 per litre.
Petrol New Price in Pakistan decreased Rs 7.99 1 Feb 2015.
