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The government on Friday reduced the prices of petrol and high-speed diesel (HSD) by 12 paisas and 66 paisas per litre, respectively.
Following the revision, petrol will retail at Rs336.03 per litre, while HSD will cost Rs392.38 per litre. The government continues to levy Rs110 per litre in taxes and duties on petrol and Rs96 per litre on diesel.
The Petroleum Division’s notification said that the new prices would be applicable from August 1 to August 3.
Meanwhile, in a bigger price shock, the Oil and Gas Regulatory Authority (Ogra) notified a record 32pc increase in the price of regasified liquefied natural gas (RLNG) for August, taking it to $25.83 per mmBtu for SNGPL and $25.09 per mmBtu for SSGCL.
