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The proposal for increase petroleum prices sent to PM for April

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ISLAMABAD: Finance Ministry of Pakistan on Tuesday has dispatched summary to prime minister for upcoming month’s new prices for petroleum products.

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A session, presided by finance minister Ishaq Dar, was held in Islamabad on Tuesday in which Oil & Gas Regularity Authority’s (OGRA) designed summary demanding increase in the prices of petroleum products was viewed.

According to the proposed summary, Rs 4 will be added in the current prices of petrol, Rs 6.25 in High Speed Diesel, Rs 2.54 in Light Diesel, and Rs 7.66 will be added to High Octane.

After approval,  the new prices will be as below:

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Name of Product Old Price New Price
Petrol 70.29 74.29
High Speed Diesel 80.61 86.86
Light Diesel 57.94 60.08
High Octane 80.18 87.84

After reviewing, the session has forwarded the summary to the Prime Minister Nawaz Sharif who will approve the proposal. After approval, the new prices will be implemented on April 1 , 12 am.

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