New petroleum prices announced

The Government has decided to decrease the prices of petroleum products to provide relief to the consumers.

The government is committed to extend relief to the public whenever fiscal space becomes available.

The new prices coming into effect from 1st March, 2020 are as follows.

A notification issued by the finance ministry stated that the prices of petrol and high speed diesel (HSD) were reduced by Rs5 per litre, while kerosene oil and light diesel oil (LDO) have been cut down by Rs7 per litre.

Petrol will now be sold at RsRs111.60 per litre against Rs116.60, while HSD will be available at Rs122.26 against the earlier price of Rs127.26 per litre.