Fortnightly increase of fuel prices take effect

Price of petrol increased by Rs1.41 per liter and of CNG by Rs1.29 per kg in both regions.

Our Correspondent July 15, 2012

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified an increase in the prices of all petroleum products except high speed diesel.

This fortnightly increase will apply from (Monday) today. According to the notification issued on Sunday, the price of petrol has increased by Rs1.41 per liter and of compressed natural gas (CNG) by (1.8 percent) Rs1.29 per kg in both regions.

The notification added that the new price of CNG in region-I (Khyber Pakhtunkhwa, Potohar and Balochistan) is now Rs78.65 per kg and in region-II (Punjab and Sindh) Rs71.92 per kg.

OGRA, in its summary to the Ministry of Petroleum recommended the raise in prices of petroleum products that includes an increase in the price of petrol by Rs1.41 per litre, HOBC by Rs5.64, kerosene oil by Rs1.94 per litre and light diesel oil by Rs1.62 per litre. However, the price of high speed diesel is maintained at its existing level.

The new price of petrol is now Rs85.90 per litre, HOBC at Rs112.52 per litre, kerosene oil at Rs88.19 per litre and light diesel oil at Rs85.33 per litre.

The notification further said that natural gas sale price to CNG stations has also been increased from Rs. 618.55 mmbtu to Rs.619.45 mmbtu.


Kazim | 10 years ago | Reply

Why isn't the MQM leaving the coalition in protest now?

abc | 10 years ago | Reply

People must let their response recorded in the General Election.

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