The federal government announced on Saturday that the prices of petroleum products including petrol, diesel, and kerosene will remain unchanged.
Federal Finance Minister Ishaq Dar announced the decision in a televised address.
He stated that the government decided on the new prices in light of the weather across the country and that in order to provide relief to the public, it has been decided that the levy charged on light diesel oil and kerosene oil will be absorbed by the government, i.e. the petroleum levy on the two products is being reduced despite an increase in international prices.
Other fuel prices will also be maintained in accordance with Prime Minister Shehbaz Sharif’s directives.
The price of petrol or gasoline was kept at Rs214.80 until January 15. Petrol is most commonly found in small passenger vehicles.
Likewise, the price of high-speed diesel (HSD) has remained constant at Rs227.80. HSD is mostly found in trucks and buses.
For the next two weeks, the price of kerosene oil has been fixed at Rs172.01 per liter.
Kerosene is used to power lamps and small stoves.
Similarly, LDO (Light Diesel Oil) will cost Rs169 per liter.
| Fuel Price | Prices |
|---|---|
| Petrol | Rs224.80 |
| High Speed Diesel | Rs235.30 |
| Kerosene Oil | Rs181.83 |
| Light Diesel Oil | Rs179 |
Courtesy: samaaenglish.tv