Government announces petrol prices for next fortnight

Government announces petrol prices for next fortnight

Web desk: The government has announced updated prices for petroleum products and diesel for the next fortnight, on Monday.

According to the Ministry of Finance notification, the price of petrol has been kept unchanged at Rs263.45 per litre. Additionally, the diesel has decreased by Rs14 per litre.

According to the notification issued, it has been decided to maintain the price of petrol, while the price of diesel has been reduced by Rs 14.

OGRA announces reduction

Separately, OGRA has issued an official notification of gas price reduction for December 2025, under which the rates of the country’s two major gas distribution companies, Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL), have been significantly reduced.

The price for Sui Southern Gas Company (SSGC) has been reduced by $0.67 per MMBTU, bringing it down from $11.45 to $10.77 per MMBTU.

Similarly, Sui Northern Gas Pipelines Limited (SNGPL) consumers will see a reduction of $0.57 per MMBTU, lowering the price from $12.39 to $11.82 per MMBTU.

OGRA officials said the reduction will be effective for the entire month of December, aimed at balancing costs in the gas sector and easing the burden on consumers.

Experts noted that the adjustment considers fluctuations in global energy prices and the cost of imported fuel, providing some relief to local users.

Industry representatives said the lower gas prices are expected to reduce production costs, benefiting textile, fertiliser, cement, and other energy-dependent sectors. And potentially boosting exports and overall economic activity.

OGRA said the reduction in RLNG prices follows federal government policy and is mainly due to a drop in the Delivered Ex-Ship (DES) price.

The revision is expected to provide some relief to RLNG consumers in December.