The change in prices of petroleum products will be effective from midnight. -File Photo

ISLAMABAD: Government on Sunday decided to increase the prices of petrol and Compressed Natural Gas (CNG), DawnNews reported.

Sources said that the prices were increased on the demand of petroleum companies.

According to the approval, per litre petrol price has been raised by 6.82 rupees. Prices of high octane and kerosene oil has been raised by 1.5 rupees and 62 paisas respectively.

The price of petrol is now 106.72 rupees, while the price of high octane is now 137.96 rupees.

Meanwhile the prices of high speed diesel and light diesel were reduced by 1.75 rupees and 14 paisas respectively.

Increment in CNG prices was also approved by the petroleum ministry. In region-I, which includes Balochistan, Khyber Pakhtukhwa and Pothohar, prices of CNG were raised by 6.24 rupees per kg while in region-II, which includes Sindh and Punjab, CNG prices were raised by 5.70 rupees per kg.

The change in prices of petroleum product swill be effective from midnight.

More From This Section

Army to take over security of polio teams in KP

The decision was announced after a meeting at the GHQ attended by the representatives of WHO, federal and KP govt

President sacks Pemra chairman

Meanwhile, PM Nawaz Sharif replaced Wapda chief Syed Raghib Abbas Shah with retired bureaucrat Zafar Mehmood.

Negotiators will try to convince TTP to extend ceasefire: Ibrahim

Ibrahim said a number of concerns from the TTP's end had come forward, adding that these should be addressed.

Faisal Raza Abidi resigns from Senate

The PPP Senator on Thursday announced his resignation from the upper house of parliament.

Comments are closed.

Comments (13)

September 16, 2012 8:05 pm
Don't blame government as it is more expensive in other countries. It's even more expensive in INDIA. How about that. You all steal electricity and take bribes and never do your jobs correctly and just blame government. First correct yourself.
September 16, 2012 2:26 pm
to what extent can poor Pakistani nation bear the inflation burden? its ridiculous..
September 16, 2012 12:08 pm
Very surprising.Your government can spend millions of dollars from your precious and dwindling foreign reserves to buy oil from overseas ant yet cannot make peace with the Baluchistan people to extract oil and gas from that region.You have "Gold" in your backyard but have no idea how to exploit it.HELLO! what is wrong with you people?
Cyrus Howell
September 16, 2012 11:37 pm
Salim Mastan
September 16, 2012 9:56 am
Grow Jatropha biodiesel reduce import of expensive oil,made in Pakistan , to see vedios pl go to YouTube ,type Salim Mastan in search See it run gensets, tractors buses an planes on google ,
Akhter Husain
September 16, 2012 2:37 pm
I wish that prices were not increased,but what alternative government has to raise the revenue for this cash starved country which is entirely dependent on aid and external loans.Our well to do people are reluctant to pay all what is they are Unfortunately,raising of income tax rate would not be acceptable to the business communities They will immediately go on all kinds of "strikes"Let us face and endure it if we want to get rid of external pressures and leverages they apply on us.
September 16, 2012 12:00 pm
first they reduce the petrol prices and increase the electricity tariff...and now they've increased the petrol prices back again...they're just joking with us all!!
September 17, 2012 5:58 am
Hello wat is wrong with u?
September 17, 2012 6:46 am
Our govt is failed
Yousuf Panawala
September 17, 2012 7:51 am
Will the Ministry of Petroleum, CNG dealers Association and OGRA explain why the ratio of 60:40 is not being maintained between petrol and CNG prices which is a agreed policy between them.
September 16, 2012 11:38 am
shame on our govt
Faran Ali
September 16, 2012 3:08 pm
what has Petroleum companies to do with increase in CNG prices :( They could have atleast left that untouched.
September 16, 2012 7:08 pm
Thank you democracy... we like you !
Explore: Indian elections 2014
Explore: Indian elections 2014
How much do you know about Indian Elections?
How much do you know about Indian Elections?
From The Newspaper