Islamabad July 14 2022: Prime Minister of Pakistan announced reduction of PKR 18.50 per liter in price of Petrol and PKR 40.54 per liter in price of Diesel.
These prices are reduced in view of the fluctuations in petroleum prices in the international market and exchange rate variation. the Government has decided to revise the existing prices of petroleum products as agreed with the development partners.
The new prices of petroleum products effective from 15th July 2022 will be Motor Gasoline (Petrol) PKR 230.24 per liter and High Speed Diesel (HSD) PKR 236.00 per liter.
Petrolem levy on diesel, Light Diesel Oil and kerosene oil is PKR 5 per liter while government is collecting Petrolem levy on petrol at PKR 10 per liter.
Sales tax on all petroleum products is still stands at zero percent.
The new prices effective from midnight will be PKR 196.45 per liter for Kerosene (SKO) and PKR 191.44 per liter for Light Diesel Oil.
