US
Petrol, diesel unchanged, RLNG rate increased
字号+ Author:Smart News Source:Health 2025-01-13 13:07:41 I want to comment(0)
ISLAMABAD: The government on Friday kept the prices of petrol and high speed diesel (HSD) unchanged at Rs248.38 and Rs255.14 per litre, respectively, for the next fortnight, but increased the rate of re-gasified liquefied natural gas (RLNG) by up to 2.7 per cent for November. In a late-night announcement, the Ministry of Finance said the Oil and Gas Regulatory Authority (Ogra) had worked out the consumer prices of petroleum products based on price variations in the international market during the last two weeks. As a result, it was decided that the prices of petrol and HSD would remain unchanged during the next fortnight. On the other hand, Ogra notified the increase in the price of RLNG by 2.5pc to $13.26 per million British thermal unit for SNGPL and by 2.7pc to $12.80 per mmBtu for SSGCL. It said the increase was necessitated by higher imported price. At present, the government is charging about Rs76 per litre tax on both petrol and HSD. Although general sales tax (GST) is zero on all petroleum products, the government is charging Rs60 per litre (PDL) on both products that normally impact the general public. The government is also charging about Rs16 per litre customs duty on petrol and HSD, irrespective of their local production or imports. In addition, about Rs17 per litre distribution and sale margins are going to oil companies and their dealers. Petrol and HSD are the major revenue spinners with their monthly sales of about 700,000-800,000 tonnes per month compared to just 10,000 tonnes of monthly demand for kerosene. On the other hand, the government is charging Rs50 per litre PDLon light diesel and high octane blending component and 95RON petrol used by the wealthy in luxury imported vehicles.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Political, security challenges hinder operations: World Food Programme
2025-01-13 12:07
-
May 9 masterminds behind killing of Rangers men: governor
2025-01-13 11:50
-
Lower Dir residents demand launch of work on bridge
2025-01-13 11:16
-
Three killed in gun attack on wedding party
2025-01-13 11:02
User Reviews
Recommended Reads
Hot Information
- Eight migrants drown off Greek island
- A state paranoid
- Israeli forces detain, assault ambulance crew in West Bank’s Nablus
- FO concerned over threat posed by terror groups operating from Afghan soil
- Two brothers killed in Jamrud attack
- FBR official rewarded for pre-empting tax fraud
- The weekly weird
- Gunman shot dead, 3 police injured in shooting near Israeli embassy in Jordan
- KP police woes
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content