Issue Date: Aug 15, 2008
Petrol price hiked again: Pakistan's government has raised petrol and diesel prices by 14 per cent--the highest ever increase. The Oil and Gas Regulatory Authority increased the kerosene price from Rs (Pak) 49.73 a litre to Rs (Pak) 57.93; that of light diesel oil from Rs (Pak) 49.05 to Rs (Pak) 58.54; and of petrol by Rs (Pak) 10.97 a litre to Rs (Pak) 86.66. This is the sixth increase in petroleum prices since the new government assumed office in the end of February. The price of petrol then was Rs (Pak) 58.70.