Petroleum prices to remain unchanged for rest of August

POL - The News Today - TNT

ISLAMABAD: Despite the summary sent by Oil and Gas Regulatory Authority (OGRA) seeking rise in petroleum prices, Federal Government decided to keep prices of petrol and high-speed diesel unchanged at Rs119.80 per litre and Rs116.53 per litre. Price of kerosene oil has been increased by Rs0.81 per litre. Price of light diesel has been increased by Rs1.10 per litre.

Notification in this regard was issued.

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The Government of Pakistan on Sunday announced that it would not increase the price of petrol for the remaining month of August, a notification issued in this regard confirmed.

OGRA had sent a summary to the Petroleum Division, seeking an increase in the rates. It was expected that the rates would go up, however, the price of petrol and high-speed diesel remained unchanged.

On the other hand, the price of kerosene oil has been increased by Rs0.81 per litre, while the price of light diesel has been increased by Rs1.10 per litre.

Petrol price to remain unchanged for rest of August

The new price of kerosene oil will be Rs88.30 per litre and light diesel will now be sold for Rs85.77 per litre, the notification said.

Meanwhile, petrol prices will remain unchanged at Rs119.80 per litre and the price of high-speed diesel will also remain unchanged at Rs116.53 per litre, the notification confirmed.

The change in prices will come into effect at 12am on Monday, August 16, 2021.

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