Petrol and high-speed diesel prices increased by Rs 4 per liter by the government on new year’s eve for the first 15 days of January 2022.
With the new increase, the price of petrol will go up from the previous Rs140.82 per litre to Rs144.82 per litre, while the price of high-speed diesel will jump to Rs141.62 per litre from the previous Rs137.62 per litre.
The rate of light diesel oil is increased by Rs111.06 per litre from Rs107.06 per litre. Similarly, the price of kerosene will go up from Rs109.53 to Rs113.53 per litre.
Price of petroleum products
|Product||Existing prices (per litre)||New prices |
01.01.2022 (per litre)
|High-Speed Diesel (HSD)||Rs137.62 ||Rs141.62||+4.00|
|Light diesel oil (LDO)||Rs107.06||Rs111.06||+4.15|
Notification issued by the Finance Division late on Friday stated: “In the fortnightly review of petroleum products prices, Prime Minister [Imran Khan] has rejected the proposal of Ogra (Oil and Gas Regulatory Authority) for an increase in prices of petroleum products and advised to increase only Rs4 per litre to meet the petroleum levy target agreed with the IMF (International Monetary Fund).”
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