OGRA recommends increase in prices of petroleum products

F.P. Report

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended the caretaker government to increase the price of petroleum products for the month of July 2018.

OGRA has forwarded a summary to the Ministry of Energy’s Petroleum Division and recommended the upward revision in prices of petroleum products.

According to reports, If the caretaker government accepts OGRA’s recommendation, then petrol prices would go up from the existing Rs91.96 per litre to Rs97.36 per litre.

Similarly, OGRA also recommended Rs6.20/litre hike in diesel prices, the price of High Speed Diesel (HSD) would increase to Rs111.51 per litre from the existing Rs105.31 per litre.

The price of kerosene would surge from the existing Rs84.34 per litre to Rs96.34 per litre.

Earlier on June 11, the caretaker government had increased the prices of petroleum products for the period June 12 till midnight of June 30, 2018.

 

 

 

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