He said that he hopes that the new
petrol segment would be suitable for low-income customers to ensure its full benefits.
The standard specifications for unleaded
petrol was approved by the ministerial order No 205/2018, which was prepared to upgrade the local technical specifications of
petrol, as well as to meet the requirements of the new vehicle models launched in 2018.
How can you buy a litre of
petrol at Sh200 or S00 while we normally buy it at Sh120 or Sh140?
The changes in this month's prices are as a consequence of the average landed cost of imported super
petrol decreasing by 7.23 per cent from US$ 950.92 per ton in December 2018 to US$ 548.20 per ton in January 2019," ERC director general Pavel Oimeke said in a statement.
The Rawalpindi district administration had made helmet compulsory for the motorcyclists seeking
petrol.
The people demanded strict punitive action against the
petrol dealers who create artificial shortage of petroleum.
Meanwhile, freelance photographer Karlheiri Mohamad Razali, 42, said such a situation was not possible because the prices of
petrol and diesel were gazetted as scheduled controlled items under the Supply Control Act 1961 which ensured that consumers would always get their supply in the market.
Assistant Commissioner Aitzaz Anjum admitted that the rates of
petrol and diesel were higher in the district than those at other places.
However, the difference that had peaked to over Rs 3 per litre in case of
petrol and about Rs 2.3 in diesel on October 5, has now come down to just 44-57 paisa in
petrol and about Re 1 in diesel, an analysis of the daily price revision notification issued by state-owned oil firms showed.
The notification reads as 'You are directed to inform all
petrol pump owners in city in writing to ensure that the fuel is not sold to any motorcyclist who is travelling without a helmet until further notice'.
In Lahore, the City Traffic Police Officer has written a letter to the Deputy Commissioner who also enjoys powers of District Magistrate to issue an across-the-border to all the
petrol pumps and filling stations operating in the city and rural areas that motorcyclists without helmets must not be given
petrol.
Meanwhile, the auction date for the remaining four
petrol pumps will be announced soon, the report mentioned.
Summary: New Delhi [India], Oct 26 (ANI): As the debate over prices of petroleum products is raging in the country, official sources on Friday expressed hope that the retail prices of
petrol and diesel may reign easy in next few days.