In an effort to supply motorcyclists with cheap petrol across the country, the federal government is considering introducing Ehsaas Petrol Cards. At a time when the price of gas has risen to an all-time high of Rs. 147.83, most motorcyclists are finding it increasingly difficult to keep up with the rising cost of living. Due … Read more
KARACHI: Analysts foresee a hefty price escalation of Rs20/litre to Rs25/litre in the retail prices of the motor spirit and high-speed diesel next year due to the present government’s ambitious target of Rs610 million Petroleum Development Levy (PDL) in FY22. “The targeted Rs610 billion in PDL collection roughly estimates to Rs30/litre on the sale of … Read more
Islamabad: Amid decline oil prices in the international market, the Pakistan government slashed the petrol price by Rs5 per litre. According to the Ministry of Finance, The new price of petrol will be Rs. 111.60 per litre. The price of diesel has also been reduced by Rs. 5 and now it will be available for … Read more
Oil and Gas Regulatory Authority (OGRA) has sent the summary to Ministry of Energy (Petroleum Division) which recommends a depreciation in fuel prices. After the approval from Ministry of Energy (Petroleum Division) the summary will be then forwarded to the Finance Ministry for approval. OGRA has recommended that prices of HSD may be reduced by … Read more
