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‘Eid gift’: Petrol price hiked by Rs2 to Rs71.50/litre

‘Eid gift’: Petrol price hiked by Rs2 to Rs71.50/litre

ISLAMABAD: The government has increased petrol price by Rs2 per litre with effect from September 1.

On the basis of the prevailing prices in the international market, OGRA had recommended an increase of Rs2.35/litre in the price of petrol, Rs. 0.75/litre in the price of high speed diesel (HSD), Rs15.79/litre in the price of kerosene oil and Rs12.18/litre in the price of light diesel oil, with effect from September 1, 2017.

The finance minister discussed the matter with Prime Minister Shahid Khaqan Abbasi. It was decided by the prime minister that the prices of HSD, kerosene oil and light diesel oil will be maintained at the current level till September 30. In the case of MS 92 RON Petrol, it has been decided to increase the price by Rs2/litre, with effect from September 1 until September 30. The new price of MS 92 RON petrol will be Rs71.50/litre.