Taking advantage of the rise in the prices of petrol and kerosene, the gas mafia has also increased the price of the Liquefied Petroleum Gas (LPG) by Rs10. The LPG’s official price is Rs229 per kg. However, it is sold in all the major cities of the country at Rs310 per kg.
A day earlier, the federal government had increased the price of petrol by Rs10 and the price of kerosene oil by Rs5.78. After this increase, the prices of petrol and kerosene oil respectively rose to Rs282 per litre and Rs186.07 per litre. These fuels were earlier available at Rs272 and Rs180.29 per litre.
The kerosene oil is usually used in stoves in remote areas of the country like the northern area where LPG is not available.
Also read: Govt jacks up petrol price by Rs10 per litre
According to a brief notification issued by the Finance Division in the wee hours of Sunday, the new prices will be effective from April 16 [today]. “[The prices were increased] in the wake of increase in petroleum prices in the international market and exchange rate variations,” it said.
The Finance Minister Ishaq Dar announced a hike in the petrol and kerosene oil prices in a press conference. Dar said the fuel prices have been increased for 15 days after which they will once again be revised in accordance with the international prices.
The prices of High Speed Diesel (HSD) and the Light Diesel Oil (LDO) will, however, remain unchanged.
The HSD and the LDO are respectively available at Rs293 and Rs174.68 per litre.
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