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New prices of Petroleum products

Islamabad, December 31, 2015 (PPI-OT): The Federal Minister for Finance Senator Mohammad Ishaq Dar announced the change in the prices of Petroleum products this evening. The new prices will be applicable from 1st of January 2016.

In order to provide relief to the public and to rationalize the prices, it was decided not to increase the price of Petrol, to maintain the price of HOBC and to pass on the price decrease in case of Kerosene, Light diesel oil and High speed diesel to the consumers. The new prices approved by the Prime Minister in consultation with the Finance Minister are:

Product                 Existing prices w.e.f 1.12.2015      Prices approved w.e.f 1.1.2016      Approved change in prices (Rs./litre)

MS (Petrol)                         76.26                               76.26                                     Nil

High Speed Diesel                   83.79                               80.79                                   -3.00.

HOBC                                80.66                               80.66                                     Nil

Kerosene                            56.32                               48.25                                   -8.0700

LDO                                 53.23                               44.94                                   -8.29

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +92-51-9252323 and +92-51-9252324
Fax: +92-51-9252325 and +92-51-9252326
Email: piopid@gmail.com

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