Government

New Govt Decides to Keep Petrol Prices Unchanged

New Govt Decides to Keep Petrol Prices Unchanged

The new government has chosen to keep the costs of petrol based goods unaltered till April 30. Top state leader Shahbaz Sharif dismissed the outline of the expansion in the costs of petrol based commodities, which will stay unaltered from April 16 onwards.

The ongoing cost of petroleum remains at Rs. 149.86 per liter, though the per-liter costs of diesel, lamp fuel oil, and light diesel are Rs. 144.15, Rs. 125.56, and Rs. 118.31, separately.

To review, the Oil and Gas Regulatory Authority (OGRA) on Thursday suggested an expansion in petrol costs by up to Rs. 119 viable from April 16, 2022. The controller had proposed an expansion in costs of high velocity diesel (HSD) by Rs. 119 for every liter, costs of petroleum by Rs. 83.50 per liter, costs of lamp fuel oil by Rs. 77.56 per liter, and light diesel oil (LDO) by Rs. 77.31 per liter.

It is appropriate to make reference to here that back in February, previous Prime Minister Imran Khan had reported a decrease of Rs. 10 for every liter in petrol costs and declared the new rates would stay set up till the FY23 financial plan.

Worldwide raw petroleum costs have taken off from that point forward. Nonetheless, costs of oil based commodities have stayed unaltered in Pakistan.

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