Overview
- The Petroleum Division set high-speed diesel at Rs265.65 per litre and held petrol at Rs263.45 in a notification effective December 16 to 31.
- Authorities said the adjustment follows the regular 15-day pricing review tied to international market movements and fiscal parameters.
- OGRA reduced December RLNG prices, setting SNGPL’s distribution rate near $11.83 per MMBtu and SSGCL’s near $10.78 after declines in DES costs.
- The ECC last week approved an additional Rs2.56 per litre margin on petrol and diesel for OMCs and dealers, affecting overall retail pricing.
- The diesel reduction targets a fuel used heavily by goods transport and agriculture, a change likely to ease pressure on fares and food costs.