Oil and Gas Regulatory Authority (OGRA) has recommended petroleum price hike of up to Rs 5 per litre for the month of September.
Petroleum prices in the country are likely to be increased from September 1st on the recommendation of OGRA.
OGRA has recommended an increase of Rs 5 per litre for petrol and High Speed Diesel (HSD).
The final decision on the possible fuel price hike is subjected to the approval of federal cabinet on August 31st.
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Prior to this, petroleum ministry had recommended a fuel price hike of up to Rs 8 per litre on July 30th for the month of August.
However, the government in contradiction to the ministry’s recommendations increased petrol and high speed diesel prices by Rs 3.86 and Rs 5 per litre respectively.
Currently petroleum prices in Pakistan are as follows;
- Petrol – Rs 103.97 per litre
- HSD – Rs 4.6.46 per litre
- LSD – Rs 62.86 per litre
- Kerosene Oil – Rs 65.29 per litre