ISLAMABAD: The federal authorities has stored the gas costs unchanged for the following fortnight within the worldwide market, said a notification issued by Finance Division.
“The Oil [and] Gas Regulatory Authority has labored out the costs of petroleum merchandise for the following fortnight based mostly on the value traits within the worldwide market over the last two weeks,” said the notification.
The costs of petrol and HSD will stay at Rs248.38 and Rs255.14 per litre, respectively.
In the final fortnight, the federal government elevated the value of petrol and diesel by Rs1.35 and HSD by Rs3.85 per litre, respectively.
However, the costs of different petroleum merchandise have been lowered.
The value of kerosene oil was lowered to Rs161.54, down by Rs1.48 from Rs163.02 per litre. Likewise, the value of light-diesel oil was additionally lowered by Rs2.61 from Rs150.12 to Rs147.51 per litre.
Petrol is principally utilized in non-public transportation, small autos, rickshaws, and two-wheelers. Higher gas costs considerably impression the budgets of the members of the center and lower-middle lessons, who primarily eat petrol for commuting. On the opposite hand, a good portion of the transport sector depends on high-speed diesel.
Its value is taken into account inflationary since it’s predominantly utilized in heavy items transport autos, vans, buses, trains, and agricultural equipment akin to tractors, tube wells, and threshers.
The consumption of high-speed diesel significantly contributes to the elevated costs of greens and different meals objects.
