Government raises the price of Petroleum Products for April

ISLAMABAD, Mar 31: The government on Sunday increased the prices of per liter petrol by Rs6 for the month of April 2019, according to notification issued by Finance Ministry.

The prices of High Speed Diesel (HSD) have also been enhanced by Rs6 per liter whereas the prices of kerosene oil have been increased by Rs3 per liter.

Similarly, the government increased the price of Light Diesel Oil (LDO) by Rs3 per liter, the notification added.

According to the finance ministry, the government has almost reduced the price hike by 50 percent when compared to the actual price increase suggested by Oil and Gas Regulatory Authority (OGRA) in its summary submitted for approval.

The OGRA had suggested the prices of per liter petrol to be increased by Rs11.91 per liter, HSD by Rs11.17 per liter, kerosene oil  by Rs6.65 per liter whereas the authority had proposed that the LDO prices be increased by Rs6.49 per liter.

(APP)