The Ministry of Finance on Sunday approved a summary, increasing the prices of petrol and compressed natural gas (CNG) for the next week under the weekly revision of POL prices. Under the summary, the price of petrol has been increased by Rs 1.73 per liter. The prices of CNG will also go up in line with the petrol price hike due of a set mechanism under which CNG price should stand at 60 percent of petrol price. The CNG price in region-I, comprising Balochistan and Khyber-Pakhtunkhwa, has reached Rs 99.28 per kg from Rs 97.69 per kg, while in region-II, which includes Sindh and Punjab, the price will be Rs 90.70 per kg from Rs 89.25 per kg. The price of high-speed diesel (HSD) has been reduced by 47 paisas per litre for the upcoming week. The price of kerosene oil has been slashed by Rs 3.05 per liter.
