Islamabad:
The federal government has increased the price of gasoline by RE1 for the next fortnight, while keeping the diesel rate at high speed unchanged. The new prices will be applicable from June 1.
According to a notification issued by the Finance Department, petrol will now be sold at RS253,63 per liter while high -speed diesel (HSD) will continue to be sold to Rs254.64 per liter.
The Ministry of Finance said prices were based on OGRA recommendations and other relevant ministries.
The government focuses more on collecting oil withdrawals from petroleum products to redirect to electricity prices.
He had previously decided to finance RS1.70 per grant unit for electricity consumers by redirecting PL collection. He also later decided to redirect the PL collection to finance channel and road projects in the province of Baloutchistan.
The government has already decided to increase the oil levy rate to Rs90 per liter on the sale of petroleum products. Consumers are currently paying RS78 per liter in petroleum sample in petrol and 77 rupees per liter on diesel.
LPG
The Oil and Gas Regulatory Authority (OGRA) has reduced the price of liquefied oil gas (LPG) for June 2025 in response to global market fluctuations.
According to an OGRA notification, the new LPG consumer price has been set at RS2,838.31 per cylinder of 11.8 kg, down RS2 892.91 in May. This reflects a decrease of RS54.60 per cylinder, or RS4.62 per kilogram.
The regulator awarded pricing to a 2.67% drop in the price of the Saudi Aramco (CP) contract, which has a direct impact on local LPG producer rates. In addition, a slight increase of 0.35% of the average dollar exchange rate was recorded.
For June, OGRA set the price of the revised producer at Rs199,234,49 per tonne, which amounted to Rs203 861.82 in May – resulting in a drop in RS4 627.33 per tonne.
Irfan Khokhar, president of the All Pakistan LPG Distributors Association, praised the reduction in GPL prices and urged the government to ensure that the official price set by OGRA is strictly applied.
