Monday, 1 October 2012

Prices of all transport fuels by up to 5pc

ISLAMABAD: In a major policy decision towards broader deregulation, the government reduced on Sunday prices of all transport fuels by up to 5.5 per cent for a week to pass on the impact of falling international prices to consumers.

The highest reduction of Rs6 (5.5 per cent) was made in the price of petrol — from Rs108.45 per litre to Rs102.45.

In line with a government decision to keep the price of compressed natural gas (CNG) at 40 per cent less than that of petrol, the CNG rate was

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