ISLAMABAD: The PTI-led federal government has increased the price of petrol by Rs2.31 per litre for the next 15 days, according to the notification issued by the Finance Division on Thursday.
According to details, the price of petrol has been raised by Rs2.31 to Rs106 per litre from the existing Rs103.69. Meanwhile, the price of high-speed diesel (HSD) has been hiked by Rs1.80 to Rs110.24 from the current price of Rs108.44.
On the other hand, the price of kerosene oil has been pushed up by Rs3.36 per litre while the price of light diesel oil has been increased by Rs3.95 per litre. The new prices will come into effect from 1st of January 2021.
Prime Minister Imran Khan partially rejected the summary of Oil and Gas Regulatory Authority (OGRA) which proposed to hike prices of the petroleum products by up to Rs10 per litre.
Sources informed that the OGRA had proposed a raise of 10.68 rupees and 8.37 rupees per litter respectively for petrol and diesel. However, only an increase of 2.31 rupees and 1.8 rupees per litre for petrol and diesel was approved.
