Govt slashes Petrol Prices for December

ISLAMABAD: The Federal Government slashes Petrol Prices for the month of December 2019 which is effective from December 1.

The Notification issued by Finance Ministry considering the Oil and Gas Regulatory Authority (OGRA) summary, the new petrol prices have been reduced by Rs .025 paisa per liter.

As per the summary, the authority has suggested decrease of Rs2.90 (3.4 percent) in per liter price of Light Diesel Oil (LDO), Rs2.40 (1.9 percent) in High Speed Diesel (HSD), Rs0.25 (0.2 percent) in Motor Spirit Petrol and Rs0.83 (0.9 percent) in Kerosene oil, official sources privy to petroleum sector developments – OGRA Summary forwarded to the ministry earlier.

The major decrement in High-Speed Diesel Rs 2.40 per liter and light-speed diesel Rs 2.90 per liter.

The Kerosene Oil prices reduced by Rs 0.83 paisa only.