ISLAMABAD: Finance Minister Ishaq Dar on Friday said the government has decided to reduce petrol and diesel prices by Rs 1.5 per litre, while the prices of kerosene and light diesel oil will remain the same.
Talking to media persons in the federal capital, he said petrol prices will be decreased from Rs 72.80 to Rs 71.30 and diesel prices from Rs 81.40 to Rs 79.90 per litre. The new prices will be effective from July 1 to July 31, 2017.
The minister said that following the directions given by the prime minister, the recommendations of Oil and Gas Regulatory Authority (OGRA) for an increase in prices of kerosene oil by Rs 10.95 and Light Diesel Oil by Rs 6.82 were not approved. The prices of kerosene and light diesel oil were kept unchanged at Rs 44 per litre.
Published in Daily Times, July 1st , 2017.
