Diesel And Petrol Price In Pakistan, 19 September 2024
After the approval of the government, the new petrol price in Pakistan effective from 16, Sep 2024 is Rs. 249.10 per liter, and the High-speed diesel price per liter is Rs. 249.69, Light speed diesel price per liter is Rs. 141.93. As compared to the previous petrol and diesel prices a decrease of Rs. 13.06 is approved for HSD and Rs. 10.00 for Petrol price in Pakistan, and for Light Diesel Oil and kerosine oil, the difference is Rs. 12.12 and Rs. 11.15 respectively.
PETROLEUM PRICE IN PAKISTAN
PETROLEUM TYPE | OLD PRICE | NEW PRICE | PRICE CHANGE |
Petrol | PKR 259.10 | PKR 249.10 | PKR -10.00 |
High Speed Diesel | PKR 262.75 | PKR 249.69 | PKR -13.06 |
Light Diesel Oil | PKR 154.05 | PKR 141.93 | PKR -12.12 |
Kerosene Oil | PKR 169.62 | PKR 158.47 | PKR -11.15 |
HI-Octane | PKR 289.73 | PKR 269.73 | PKR -20.00 |
HISTORY OF PETROL RATE IN PAKISTAN
DATE | PRICE IN PKR |
16-09-24 | PKR 249.10 |
01-09-24 | PKR 259.10 |
14-08-24 | PKR 260.96 |
01-08-24 | PKR 269.60 |
15-07-24 | PKR 275.60 |
01-07-24 | PKR 265.61 |
15-06-24 | PKR 258.16 |
01-06-24 | PKR 268.36 |
15-05-24 | PKR 273.10 |
01-05-24 | PKR 288.49 |
16-04-24 | PKR 293.94 |
01-04-24 | PKR 289.41 |
16-03-24 | PKR 279.75 |
01-03-24 | PKR 279.75 |
16-02-24 | PKR 275.62 |
01-02-24 | PKR 272.89 |
16-01-24 | PKR 259.34 |
01-01-24 | PKR 267.34 |
INTRODUCTION:
Petrol, also known as gasoline, is one of the most important and used components of modern life, utilized worldwide and serving as a backbone of transportation infrastructure. Primarily it is used as fuel for internal combustion engines in vehicles such as cars, motorcycles, trucks, and airplanes.
Petrol is a refined petroleum product derived from crude oil through fractional distillation. Crude oil, is a naturally existing liquid beneath the Earth’s surface, originating from the gradual decomposition of organic matter over an extended period. This fossil fuel undergoes refining processes called fractional distillation in specialized refineries which produce different types of fuels such as:
The Importance of Petrol in Transportation
- Mobility: Petrol fuels the mobility of people and goods, enabling efficient transportation networks that drive economic activity.
- Industrial Use: Beyond personal transport, petrol also powers industrial machinery and equipment, contributing to various sectors like manufacturing, agriculture, and construction.
- Emergency Services: Petrol is vital for emergency services such as ambulances, fire trucks, and police vehicles, ensuring rapid response times during crises.
Types of Petroleum in Pakistan and Their Prices
Petrol Price in Pakistan:
This kind of petrol is also known as super with a higher octane rating that provides excellent engine performance. It is the most commonly used type of petrol used in Pakistan significantly for bikes and cars. The current petrol price in Pakistan w.e.f from 16, Sep 2024, is PKR 249.10 according to the latest updates.
High-Speed Diesel Price in Pakistan:
Another commonly used type is High-Speed Diesel (HSD), mostly used in commercial vehicles and enables them to pass 7500 RPMs. It is the ideal choice for heavy-duty cars, trucks, and buses, especially for those who travel through hilly areas as more power is required while traveling through mountains. The price of high-speed diesel in Pakistan is PKR 249.69, according to the latest updates of 16, Sep 2024.
Light Speed Diesel Price in Pakistan:
Light-speed diesel is another type of petroleum used in Pakistan, and it is commonly utilized in medium-sized vehicles. These vehicles typically need more power than private vehicles. The updated price in Pakistan for light-speed diesel w.e.f from 16, Sep 2024 is Rs. 141.93.
Kerosene Oil Price in Pakistan:
Kerosene oil proves itself as one of the most demanded and utilized types of petroleum across Pakistan. It usually empowers small machines and equipment and is mostly used in urban areas of the country. The latest kerosene oil price in Pakistan, w.e.f from 16, Sep 2024 announced by the government, is PKR 158.47.
LPG Price in Pakistan:
LPG is the most used and highly demanded type of petroleum in Pakistan and serves dual purposes in Pakistan. It is being used both as a vehicle fuel as well as a household requirement for natural gas. The liquid petroleum price in Pakistan is Rs. 254.86 254.86 per kg, w.e.f 1st December 2023.
Compressed Natural Gas (CNG)
Compressed Natural Gas (CNG) is a clean-burning alternative fuel derived from natural gas, primarily composed of methane. It undergoes compression to reduce its volume for storage and transportation. It typically can reach pressures of 3,000 to 3,600 psi. Due to the shortfall, the government has banned its use as a fuel for vehicles.
High Octane Price in Pakistan
Among the highest petrol prices in the world, Pakistan’s high-octane petrol commands a significant price due to its superior quality and performance benefits. A higher octane rating means better balanced and stabilized fuel, which increases the performance, mileage, and lifespan of a car engine. Premium gas may also contain additional, higher-quality additives compared to regular gas. Currently, the average price of hi-octane in Pakistan is approximately Rs. 269.73 OGRA is not responsible for controlling Hi-Octane petrol prices in Pakistan due to this factor Hi-Octane prices may vary across different Petrol Pumps within the country.