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POL prices raised by 0.29-2.9pc

KARACHI-The Oil Companies Advisory Committee (OCAC) on Thursday increased the prices of petrol, diesel, light diesel oil (LDO), high octane blending component (HOBC), JP-4 and JP-1 by 0.29 to 2.29 per cent.

However, the OCAC had maintained the price of kerosene at Rs 14.23 per litre, says a press release. The ex- depot fixed sales prices at 29 designated locations will be effective from March 1 to 15, 2002.

Petrol would now be available at Rs 30.51 as against Rs30.37 per litre, while diesel would now cost Rs15.63 as against Rs15.28 per litre. The new price of HOBC is fixed at Rs34.89 from Rs34.68 per litre, while LDO can be purchased at Rs 13 from Rs 12.79 per litre. Price for JP-4 has been increased to Rs13.85 from Rs13.74 per litre. JP-1 will now be sold at Rs10.53 from Rs 10.50 per litre.

OCAC said that the international prices of naphta and high speed diesel have increased by 2.92 per cent and 2.89 per cent, while kerosene price remained stable.

The benchmark crude oil price (Light Arabian) also registered upward trend during the last fortnight. However the exchange rate - rupee-dollar parity- slightly improved due to the strengthening of the rupee. The OCAC, however, did not mention how much strength the rupee had against the greenback.

FUEL OIL: Pakistan State Oil (PSO) has increased the prices of high sulphur fuel oil (HSFO) to Rs9,463 from Rs9,267 per ton. The price of light sulphur fuel oil (LSFO) has also been slashed to Rs10,786 from Rs10,880 pmt. Shell Pakistan Limited (SPL) has surged the prices of fuel oil to Rs9,467.95 from Rs9,269 per ton.
 

 
Product Existing Rs/litre Revised Rs/litre Difference Rs/litre %age
MS 87 RON 30.37 30.51 0.14 0.46
HOBC 34.68 34.89 0.21 0.61
Kerosene oil 14.23 14.23 0.00 0.00
HSD 15.28 15.63 0.35 2.29
LDO 12.79 13.00 0.21 1.64
JP-4 13.74 13.85 0.11 0.80
JP-1 10.50 10.53 0.03 0.29


courtesy Daily The Dawn, 2 March, 2002

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