Govt decides to increase POL prices by Rs.4.85 CNG by Rs.3.21

ISLAMABAD: The prices of petroleum products have been increased once again. The new prices will take effect from Thursday August 23 at 12:00 AM.

According to Oil and Gas Regulatory Authority (OGRA) notification issued, the price of petrol has increased by Rs3.21 per litre, High Octane Blending Component (HOBC) Rs4.85 per litre, kerosene oil Rs3.52 per litre, High Speed Diesel (HSD) Rs4.40 per litre, and the price of Light Diesel Oil (LDO) by Rs3.19 per litre.

The price of petrol has risen from Rs93.57 to Rs96.78 per litre, HOBC from Rs120.16 to Rs125.01 per litre, kerosene oil from Rs92.83 to Rs96.35 per litre, HSD from Rs101.79 to Rs106.19 per litre, LDO from Rs90.11 to Rs93.30 per litre.

Sources also informed that going forward the petroleum products prices would be revised every week instead of fortnight.

Moreover, the rate of CNG for Region One, Potohar, Balochistan $ Khyber-Pakhtunkhwa, has been raised by Rs3.21, setting the new price up Rs88.61/kg.

The CNG price for Region Two, Punjab and Sindh, has increased by Rs2.68 bringing it up at Rs80.94/kg.