Govt increases petrol prices again

Rates for petrol, diesel and kerosene oil revised for the next two weeks


Our Correspondent February 28, 2017
PHOTO: AFP

ISLAMABAD: Two weeks after the rate increase, the government on Tuesday once again increased fuel prices.

The price of petrol has been increased from Rs71.29 to Rs73, whereas high speed diesel will now cost Rs82 after an increase of Rs1.52 per litre.

The rates for kerosene oil and light diesel oil were also increased from Rs43.25 to Rs44, and light diesel oil from Rs43.34 to Rs44 respectively.

OGRA proposes Rs2.96 per litre increase in petrol price

Announcing the new tariff, Finance Minister Ishaq Dar said the government will have to bear a burden of Rs3 billion to maintain the new prices.

The new rates will be effective from midnight, he added.

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