Tag: Petrol

A gift for the Nation – Govt drops petrol bomb on...

ISLAMABAD - In an ironic gift to the already struggling nation, the government on Friday night jacked up POL prices by up to 9.2 percent. Resultantly, POL prices will shoot up by between Rs 4.04 and Rs 7.69 per litre with effect from today, January 1, 2011.
Addressing a news conference, Oil and Gas Regulatory Authority (OGRA) spokesman Syed Jawad Nasim said OGRA had notified an increase in petrol price for January by Rs 6.71 to Rs 79.67 per litre, HOBC up by Rs 7.69 to Rs 94.36

Taxes, commission take away Rs 25 per litre from petrol users

KARACHI - The federal government's taxes and the commission of the oil-marketing companies cost petrol consumers about Rs 26 per liter.
The total value of the 17 percent GST (about Rs 13 per liter), Rs 10 Petroleum Development Levy (PDL) and about three percent commission of OMC jack up fuel price by Rs 25 per litre, Kalim A Siddiqui, president of the Petroleum Marketing Business of Byco Petroleum pointed out the facts in a meeting with reporters in Karachi on Thursday.
The

Dine out and use petrol, for there is no gas

LAHORE: I can't cook, there is no gas, bring dinner on your way back home," said housewives to their husbands, as low gas pressure in the city for domestic users on Wednesday made it impossible to cook food. Sui Northern Gas Pipelines Limited (SNGPL) users faced another day will no or low gas pressure. CNG stations were also deprived of gas and people had to run their vehicles on petrol.
City areas including Iqbal Town, Multan Road, Township, Model Town, Gulberg, Shadman,

Ministry plans to counter petrol shortage

ISLAMABAD: The petroleum minister has drawn a new plan to counter the petroleum products' shortage by stressing private oil marketing companies (OMC) to build more oil depots at centralised places and establish refineries in the northern parts of the country. According to official sources, the plan was made after the suspension of oil supply due to the floods in July this year.
They said the supply position at present was normal as local refineries were producing 4,000 tons of

No petrol or CNG for commuters

LAHORE: Majority of the city's fuel stations stopped selling petrol and diesel around noon on Tuesday in anticipation of a possible increase in prices of petroleum products, Pakistan Today has learnt.
Citizens' problems magnified as CNG stations were also closed due to gas load shedding. Petrol pumps owners expected that Oil and Gas Regulatory Authority (OGRA) will increase the petrol price by Rs 2.5 per litre and diesel by Rs 3 per litre.
Thus, the fuel stations in Model