Islamabad:
The federal government has raised the gasoline prize with RE1 for the next fourteen days while holding the high-speed diesel rate unchanged. The new prices are valid from June 1st.
According to a notification issued by the finance department, gasoline will now be sold to RS253.63 per year. Liter, while diesel (HSD) at high speed will continue to be sold to RS254.64 per liter. Liter.
The Ministry of Finance said the prices were based on recommendations from Ogra and other relevant ministries.
The government focuses more on the collection of petroleum tax on oil products to redirect to subsidize electricity prices.
It had previously decided to finance RS1.70 per year. Unit supplement to consumers of electricity by redirecting PL collection. It also later decided to redirect PL collection for financing channel and road projects in Balochistan province.
The government has already decided to increase the petroleum tax rate up to the RS90 per year. Liter when selling oil products. At present, consumers pay RS78 per year. Liter in petroleum tax on gasoline and RS77 per Liter of diesel.
LPG
Oil and gas regulating authority (OGRA) has reduced the price of liquid petroleum gas (LPG) for June 2025 in response to fluctuations in the global market.
According to an OGRA review, the new consumer price of LPG is set to RS2,838.31 per year. 11.8 kg Cylinder, down from RS2,892.91 in May. This reflects a decrease of RS54.60 per year. Cylinder or RS4.62 per Kg.
The regulator attributed the price reduction to a drop of 2.67% in the Saudi Aramco -Contract Award (CP), which directly affects the local LPG producer prices. In addition, a small 0.35% increase in the average dollar currency course was recorded.
For June, OGRA has set the revised producer price at RS199,234.49 per year. Tonnes, which was at RS203.861.82 in May – which resulted in a decrease of RS4,627.33 per year. Ton.
Irfan Khokhar, chairman of the All Pakistan LPG Distributors Association, welcomed the reduction in the LPG prices and called on the government to ensure that the official award set by OGRA is strictly enforced.
