ISLAMABAD: The prices of petroleum products are scheduled to be slashed effective September 1, with per litre petrol to be Rs 4.59 less costly.
The prices of high speed diesel, kerosene oil, and light diesel would be lowered by Rs7.67, Rs4.27, and Rs5.63 per litre, respectively. The new respective per-litre prices of petrol, high speed diesel, kerosene oil, and light diesel would be Rs113.24, Rs124.80, Rs99.57, and Rs91.89.
Light diesel oil is mainly used for industrial purposes whereas kerosene oil is consumed in remote areas for cooking purposes where liquefied petroleum gas (LPG) is not readily available.
In this regard, PM’s Special Assistant on Information and Broadcasting Dr Firdous Ashiq Awan said in a tweet that the benefit of lowered global oil prices would be directly offered to the people.
The second year of ‘Naya Pakistan’ would bring good news for the people, she added.
Terming it a practical step, Dr Awan further said on Twitter, “Instead of taking the price-cut gain for itself, the people-friendly government will directly pass the benefit of lowered oil prices in the global market to provide relief to the people.
