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The federal government on Sunday announced a decrease in diesel price by Rs5 per liter while maintaining the current price of petrol for the following two weeks.
Earlier, the the Oil and Gas Regulatory Authority (OGRA) has sent a summary to the government for lowering prices of petroleum products for the next fortnight.
As per the recommendation the price of petrol could be reduced by five to seven rupees and the price of diesel had been proposed to be reduced by eight rupees per liter, however the government reject the summary.
Finance Minister Ishaq Dar has shared the upgraded rates of petroleum products in a tweet.
Petroleum Products Prices
from 01 May to 15 May‘23:Reductions per litre :
High Speed Diesel Rs 5
SuperKerosene Oil Rs 10
Light Diesel Oil Rs 10
Petrol —No changeNew Prices per litre:
Petrol Rs 282
HighSpeed Diesel Rs 288
KeroseneOil Rs 176.07
Light Diesel Rs 164.68— Ishaq Dar (@MIshaqDar50) April 30, 2023
The reduction include High Speed Diesel by Rs5 per liter and Kerosene Oil and Light Diesel Oil each by Rs10 per liter.
The revised price of High Speed Diesel is Rs288 per liter, Kerosene Oil is Rs176.07 and Light Diesel is Rs164.68 per liter.
The price of petrol in Pakistan will remain at Rs282 per liter from May 1 to 15.