Petrol up by Rs3.04 per litre, CNG up by Rs2.78: OGRA

The price of petrol will rise from Rs102.45 to Rs105.49 per litre. CNG up to Rs93.79 per kg.

ISLAMABAD: After a week’s relief, consumers will face another hike in petrol prices of Rs3.04 per litre, effective from Monday, as oil prices undergo their weekly review.

Following a fortnight of steady increases in prices, consumers got some relief over the past week when price of petrol was cut by Rs6 per litre, bringing it down to Rs102.45.

In the notification issued by Oil and Gas Regulatory Authority (Ogra) on Sunday, the price of high speed diesel (HSD) was slashed by Rs2.70 per litre.

The price of petrol will rise from Rs102.45 to Rs105.49 per litre. HSD, meanwhile will decrease from Rs113.16 to Rs110.46.

Kerosene rose by Rs0.72, reaching Rs101.95 per litre, while light diesel rose by Rs0.48 to Rs96.70 per litre.

Jet fuels JP-1, JP-4 and JP-8 went up by Rs0.72, Rs0. 44 and Rs0.72 respectively, reaching Rs91.14, Rs82.94 and Rs90.38 per litre respectively.

Following the change in petrol prices, the price of compressed natural gas (CNG) – which maintains 60% parity with petrol prices – will rise by Rs2.78, hitting Rs93.79 per kg in Region I (Balochistan, Khyber-Pakhtunkhwa) and by Rs2.54, hitting Rs85.68, in Region II (Sindh, Punjab).

The prices will be effective Monday onwards.