Local LPG price reduced by Rs 22.27 per 11.8-kg
ISLAMABAD (News Desk): The federal government on Friday announced to reduce the price of petrol by Rs. 4.59 per litre for the month of September, media reported. Special Assistant to Prime Minister Imran Khan on Information and Broadcasting, Firdous Ashiq Awan took to twitter and announced the decision saying, “Following the decrease in petroleum prices in the international market, the govt has decided to give relief to masses by reducing the petroleum product prices from September 1.” Prices of diesel and petrol were slashed by Rs. 4.59 and Rs. 7.67 a litre respectively. Following the cut in the prices of petroleum products, the new price of petrol and diesel will be now Rs 113.24 and 124.80 respectively.
Meanwhile, the prices of kerosene oil and light diesel saw an increase of Rs4.27 and Rs5.63 per litre respectively. The new price of Kerosene oil will be Rs99.57 a litre while light diesel will be sold at Rs91.89 per litre. The new prices will take effect from 12:00 am on Saturday (September 1). Last month, the federal government had increased the price of petrol by Rs5.15 per litre for the month of August.
Meanwhile, The Oil and Gas Regulatory Authority (OGRA) Friday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of September. According to the notification issued by the Oil and Gas Regulatory Authority (OGRA), the authority has increased the locally produced Liquefied Petroleum Gas (LPG) price by Rs 22.27 per cylinder of 11.8 kilogram.
After the revised prices, the cylinder would be sold in open market at Rs 1,327.76, which was available at Rs 1,350.03 during the month of August. While, the per Metric Ton (MT) Liquefied Petroleum Gas (LPG) rate had been fixed at Rs 112,523.02 for the month of September. The commodity sale price for per MT was Rs 114,409.29 during the month of August.