OGRA proposes to hike petroleum prices by up to Rs6 per liter

OGRA recommends increase in price of petrol, say sources

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Islamabad: The Petroleum and Natural Gas Regulatory Authority (OGRA) has sent a summary to the oil department and recommended in the summary to increase the price of petroleum products.

Price of petrol can be increased by Rs5.50 per litre according to the levy recommended by OGRA in the summary while the price of diesel can be hiked by Rs6, said sources.

Sources said the present rate of levy imposed on petrol is Rs12.65 per litre while that on diesel is Rs12.53 per litre. 

The Prime Minister will decide whether to increase oil prices after consulting with the Ministry of Finance.

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