Category: Petroleum

Petroleum

Prices of petrol and High Speed Diesel increased heavily by Government of Pakistan

Recently Pakistan Muslim League – Nawaz (PML-N) which is in government right now, seems to be punishing people for giving them heavy mandate. They have recently increased the prices of Electricity very much heavily along with price hike in petroleum prices. Price of petrol have been increased by Rs. 4.12, which would now set new per liter price at Rs 113.25 from the previous Rs. 109.13. Similarly price of high speed diesel have been increased from Rs. 112.26 to 116.95 with increase of whooping Rs. 4.69 per liter. Price of High Octane Blending Component (HOBC) have also been increased by Rs. 5.57 to 143.90 per liter. Not only this, the price of kerosene oil have been also increased, this is […]

Petroleum

CNG price reduced by 31 Rupees in Pakistan on Supreme Court order

Supreme court ordered that CNG price must be reduced by 30 rupees and 90 paisas. Oil and Gas Regulatory Authority (OGRA) have already followed the Supreme court orders and already issued the notification to reduce the CNG price by 30 rupees and 90 paisas. Also due to Eid-Al-Adha their would be no CNG Load Shedding in Islamabad Region. After reduction of 30 rupees and 90 paisas new price of CNG is set to 61 rupees and 64 paisas. Previously the CNG was being sold at Rs. 92.54 where as per kilogram cost of CNG was less than half of the previous listed price.

Petroleum

Hilarious decrease in price of CNG

As recently Oil and Gas Regulatory Authority (OGRA) had increased the price of CNG by Rs. 8 on December 30th 2011.  That triggered the strike from the CNG association as well as from the pubic transport unions. One other reason was closure of CNG for more than half a week each week so public transporters were not being able to get tanks filled. Yesterday after success of the dialog between CNG Association/Transporters and OGRA, OGRA with other measures taken also had told transporters/CNG Association that they will decrease the price soon. Today this hilarious decision came from OGRA, which is that price of CNG have been decreased 36 Paisas.  As just few days back the price was increased by 8 […]