Islamabad:
The federal government has increased the price of gasoline in RE1 for the next fortnight, while maintaining the high -speed diesel rate without changes. The new prices will be applicable as of June 1.
According to a notification issued by the Finance Department, gasoline will now be sold at RS253.63 per liter, while high -speed diesel (HSD) will continue to be sold at RS254.64 per liter.
The Ministry of Finance said prices were based on OBGRA recommendations and other relevant ministries.
The government is focusing more on collecting oil tax in oil products to redirect to subsidize electricity prices.
He had previously decided to finance RS1.70 per unit of subsidy for electricity consumers by redirecting PL collection. Later, he also decided to redirect the PL collection to finance channel and road projects in the province of Baluchistan.
The government has already decided to increase the oil collection rate to RS90 per liter in the sale of oil products. Currently, consumers are paying RS78 per liter in Levy of petroleum in gasoline and 77 per liter in diesel.
LPG
The Petroleum and Gas Regulatory Authority (OGRA) has reduced the price of liquefied oil gas (LPG) by June 2025 in response to fluctuations in the global market.
According to an OGRA notification, the new consumer price of LPG has been established at RS2,838.31 by 11.8 kg of cylinder, below RS2,892.91 in May. This reflects a decrease in RS54.60 per cylinder, or RS4.62 per kilogram.
The regulator attributed the price reduction to a 2.67% drop in the price of the Saudi Aramco (CP) contract, which directly affects the rates of LPG local producers. In addition, there was a slight increase of 0.35% in the average exchange rate in dollars.
By June, Ogra established the price of the producer reviewed at RS199,234.49 per ton, which stood at RS203,861.82 in May, which caused a decrease in RS4,627.33 per ton.
Irfan Khokhar, president of the Association of All Pakistan distributors of LPG, welcomed the reduction of LPG prices and urged the government to ensure that the official price established by OGRA is strictly applied.
