Islamabad: Finally, a sigh of relief for the Awam as the government has decreased the prices of petrol and diesel by Rs 4.59 and Rs 5.33 per litre respectively.
The decision has been taken under the recommendations of the Oil and Gas Regulatory Authority (OGRA).
A legal notification reads that this effect in the decrease in prices should be maintained from September. The implementation in prices has been made from Sunday, September 01. A notification has been issued in this regard.
According to the new price rates, petrol price has been decreased by Rs 4.59 per litre, diesel by Rs 5.33 while kerosene oil by Rs 4.27 per litre.
Moreover, the CNG prices are likely to decrease as well as it is informed by the spokesperson of All Pakistan CNG Association Ghias Paracha.
According to him, a reduction of Rs 4.40 in CNG prices in Punjab including Islamabad has already being made.
Moreover, the Oil and Gas Regulatory Authority (OGRA) has also suggested a revision in the prices of petrol, high speed and light diesel and kerosene oil, after bringing them down by 5.8%.