POL prices likely to increase from September 1

Islamabad: Amid the POL’s rising prices in the international oil markets, the Government of Pakistan, on advice of the Ministry of finance, decides to transfer 50 per cent of the price difference to the customers.

In this regard, the advisor to the Prime Minister on petroleum, Dr. Asim Hussain has already sent a summary to the Ministry of Finance.

According to the sources, the POL prices will be increased by Rs3.88 per litre, and the new per litre price will be Rs 100.66 per litre. The per litre price for diesel will be increased by Rs 2.97 and the new prices will reach
to 109.16.

Meanwhile, the per litre price for kerosene oil will be increased by Rs2.93 and thus the oil will now be sold at Rs 99.28. The prices for high octane have been increased by Rs 4.09 and the new per liter prices will be Rs 129.10.

The increase in the prices will be effective from September 01.

Short URL: https://www.newspakistan.pk/?p=31945

Posted by Fayyaz Yaseen on Aug 31 2012. Filed under Business, Pakistan. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry