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Govt increases petrol price, okays hike in gas tariff

Petroleum

ISLAMABAD: The caretakers have deemed it appropriate to drop yet another petrol bomb on the citoyens who have already been crushed by unbridled inflation.

According to Finance Division’s Notification citoyens will have to pay Rs.Rs.275.62 for a liter of petrol and Rs. 287.33 for a liter of Diesel.

Gas Bomb:

Meanwhile, the Federal Cabinet on Thursday (15th Feb, 2024) approved (upto) 67% increase in the natural gas tariff with effect from 1st day of February, 2024.

According to details:

i) For consumers using up to 0.5 hundred cubic meters (hcm) the new rate is Rs. 250/mmbtu (i.e.: an augmentation of 67%);

ii) For consumers using upto 0.25 hcm the new tariff is Rs. 200/mmbtu (i.e.: an augmentation of 66%).

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