Islamabad: Oil and Gas Regulatory Authority (OGRA) has reduced price of petroleum products in Pakistan on 1st December 2014.
Petrol new Price is Rs. 84.53 per liter with the decrease of Rs. 9.66 from Monday 1st December 2014.The prices of high and light diesel reduced by Rs.7.12 and 5.39 per liter respectively. Kerosene oil prices have reduced by Rs4.34 per liter. Petrol prices have come on the lowest level of the last two years and four month in Pakistan. Petrol price was Rs.85/ liter in July 2012.
OGRA has announced notification for new Prices of Petroleum products in Pakistan on 1st November 2014.
(1) Prescribed price includes ex-refinery import parity price, petroleum levy, distributor margin and dealer
(2) Maximum ex-depot sale price specified in column 8 of the above table is applicable on 22
locations/depots of the OMCs and cover primary freight only. However, beyond 22 specified locations
and in special areas of Balochistan, Azad Kashmir and Northern Areas, the OMCs are allowed to charge
secondary freight also up to the respective retail outlets, per GoP policy.
(3) Direct Sales of Kerosene Oil by OMCs will be per GoP policy.
(4) This Notification shall come into force with effect from December 01,12014.
Petroleum Prices in Pakistan on 1st December 2014