ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in petrol price by Rs 13 per liter, but sources in the Prime Minister’s House said that an increase of Rs 6-7 per liter is likely in petroleum products.
According to details, a summary of the increase in prices of petroleum products was submitted to the Prime Minister, in which OGRA increased the price of petrol by Rs 13 per liter, diesel by Rs 11 per liter, and kerosene by Rs 10 and a half. Recommended
Sources said that consultations are underway with the Prime Minister on how much the minimum price should be increased. A final decision on petroleum product prices is expected shortly.
According to sources in the Prime Minister’s House, the price of petroleum products is likely to increase by Rs 6 to 7 per liter.
It may be recalled that even at the beginning of the new year, the Prime Minister had partially rejected OGRA’s summary and approved an increase in the price of petrol by Rs 2.31 per liter and diesel by Rs 1.80 per liter.
OGRA had recommended an increase of Rs 10.68 per liter in petrol and Rs 8.37 per liter in diesel.