Islamabad: The Petroleum and Natural Gas Regulatory Authority (OGRA) proposed on Friday to increase the price of petroleum products to 12 rupees per litre from February 1.
In general, OGRA proposes to increase gasoline prices by 12 rupees per liter, high-speed diesel (HSD) by 10 rupees, and premium kerosene (KSO) by 7 rupees.
The summary has been sent to the petroleum department. The new price-fixed for 15 days-will be announced after Prime Minister Imran Khan approves it.
On January 15, the federal government announced that it would raise the price of petroleum products. The price of gasoline increased sharply by Rs 3.20 per litre, HSD was Rs 2.95, LDO was Rs 4.42, and SKO was Rs 3.