PID

PR No.291 FINANCE MINISTER ANNOUNCED NEW PETROLEUM PRICES WITH EFFECT FROM 1ST FEBRUARY 2017 Islamabad: January 31, 2017.

Federal Minister for Finance, Senator Mohammad Ishaq Dar, today announced the prices of petroleum products for the period starting from 1st February 2017 till midnight on 15th February 2017.

He said that Ministry of Petroleum & Natural Resources and OGRA have recommended an increase of Rs. 4.16/Litre in the price of MS 92 RON Petrol, Rs. 4.29/Litre in the price of High Speed Diesel (HSD), Rs.16.71/Litre in the price of Kerosene Oil and Rs. 12.53/Litre in the price of Light Diesel Oil (LDO), with effect from 1st February2017.

The Minister stated that, in line with the Prime Minister’s instructions to provide maximum relief to the common man, and keeping in view that Kerosene Oil and LDO is used by the low income segments of the country’s population, it has been decided to maintain the prices of Kerosene Oil and LDO at the current level till15th February 2017. This decision has been taken also keeping in view the fact that Kerosene Oil caters to the energy needs of the poor, especially in the winter season. In order to maintain the prices of both Kerosene Oil and LDO at current levels, the government will not only be forgoing all applicable taxes and duties on these petroleum products, but will also subsidize the prices of these products for the consumers.

The Minister further announced that it has been decided to increase the price of MS 92 RON Petrol by Rs. 2.25/Litre only while the price of HSD is being increased by Rs. 2.26/Litre only. These increases are almost half of the increases recommended by OGRA for both MS 92 RON Petrol and HSD.

The Finance Minister highlighted that, in order to maintain stability, prices have been maintained since April 2016despite an increase of around43% in international oil prices during 2016. He said that the government has been absorbing the negative financial impact due to the government’s decisions to not pass on price increases to the end consumers. He highlighted that, prior to today, only partial increase in MS Petrol and HSD was passed on to the end consumers for the month of December 2016 and for the last two weeks of January 2017, compared to OGRA’s recommendations.

PREVIOUS NEXT

GOVERNMENT OF PAKISTAN PRESS INFORMATION DEPARTMENT

GOVERNMENT OF PAKISTAN

PRESS INFORMATION DEPARTMENT

1
Step 1

2
Step 2

3
Step 3

Step 1

MEDIA CARD

NAME OF PUBLICATION

TOWN/CITY

ADDRESS

TELEPHONE/FAX NO

NAME OF EDITOR

Step 2

MEDIA QUESTIONNAIRE

Name of Publication

Established (Give exact date)

ADDRESS

TELEPHONE

FAX NO

NAME OF EDITOR

Name of Printer

Language

Frequency

Please attach a copy of declaration certificate

Off Days

Please specify whether morning, evening or state the date of issue

Date on which the first issue was brought out

Any special edition

Price per copy

Annual subscription

Editorial Objectives and policy

Appeal to any special community, class or section

News services subscribed to

Special regular features (i.e Women’s or Children page etc) & when appearing

Total net paid circulation as cerified by the audit bureay of circulation (plwase attach a copy of abc certificate).

Step 3

MEDIA QUESTIONNAIRE

Size of printed page

Number of column

Average number of pages

Kind of paper used

Type of printing press

Is printing done in colour

Advertisement rates. Commercial rates

Please attach a rate card, if any

I hereby declare that all the particulars given above are correct and that advertisement contract, from or on behalf of Government of Pakistan will be accepted on this understanding.

SIGNATURES

OFFICIAL POSITION

DATE

APPLICATION FOR ACCREDITION ON BEHALF OF PAKISTANI MEDIA

APPLICATION FOR ACCREDITATION ON BEHALF OF PAKISTANI MEDIA

To, The Principal Information Officer,

   Press Information Department,

   Government of Pakistan,

   Islamabad

1
Step 1

2
Step 2

3
Step 3

Step1

Name of Newspaper/ News Agency/ TV Channel

Language(S) in which Published

Countries or centers serve

Number of Newspapers served

Place of Publication

Applicant Name (Block letters)

Date of Birth

Father’s Name

Passport/CNIC No

Place of Birth

Nationality & Religion

Designation Applying for

Educational Qualifications

Previous experience (vide Class 4 of the Rules

Step 2

PAPERS, NEWS AGENCIES OR TV CHANNELS SERVED Post-held PERIOD OF SERVICE (DATE BE SPECIFIED)

1.

2.

3.

4.

5.

Residential Address:-

Step 3

Residence Telephone

Mobile

Official Address

Telephone

Fax No

Certified that Mr./Ms/ is a full time employee of our News Agency/Newspaper/TV Channel.

Note:

Following supporting documents for processing of my case in question are attached.

Employer introductory/recommendatory letter, in original.

Six Photocopies prescribed form, duly filled in.

Six copies of my recent photographs (Size 1x1).

Six photocopies of my NIC.

Signature of the Editor/Managing Editor