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Ogra notification of new petroleum prices
By Kalbe Ali
Wednesday, 08 Jul, 2009
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The new price of petrol will be Rs50.53 per litre, kerosene Rs52.39 and light diesel oil Rs51.46.—AP
ISLAMABAD: Complying with the Supreme Court’s instructions, the Oil and Gas Regulatory Authority on Tuesday issued a revised notification of oil prices after the deduction of carbon tax.

 

The new rates of one litre petrol applicable from Wednesday are Rs50.53 down from Rs62.13 notified on July 1.

 

The price of one litre of HOBC will be Rs62.54 after reduction of Rs16.24, kerosene has been reduced by Rs6.96 to Rs52.39 per litre and the new price of light diesel oil (LDO) is Rs51.46.

 

The Ogra has issued letters to oil marketing companies directing them to notify revised diesel (HSD) prices without incorporating the carbon surcharge.

 

Since the HSD is a deregulated product, oil companies have determined its price at Rs53.37 per litre. The previous diesel price was Rs62.65 per litre.


Tags: CarbonTaxRemoval
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