Govt raises petrol, CNG prices

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.

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Comments (13) Closed

Sep 16, 2012 08:05pm
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.
Sep 16, 2012 02:26pm
to what extent can poor Pakistani nation bear the inflation burden? its ridiculous..
Sep 16, 2012 12:08pm
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
Sep 16, 2012 11:37pm
Salim Mastan
Sep 16, 2012 09:56am
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
Sep 16, 2012 02:37pm
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.
Sep 16, 2012 12:00pm
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!!
Sep 17, 2012 05:58am
Hello wat is wrong with u?
Sep 17, 2012 06:46am
Our govt is failed
Yousuf Panawala
Sep 17, 2012 07:51am
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.
Sep 16, 2012 11:38am
shame on our govt
Faran Ali
Sep 16, 2012 03:08pm
what has Petroleum companies to do with increase in CNG prices :( They could have atleast left that untouched.
Sep 16, 2012 07:08pm
Thank you democracy... we like you !