Ogra seeks Rs 4.40 increase in petrol price

byCustoms Today Report

31/03/2015

in Business

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ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has recommended up to Rs 7.66 per litre increase in prices of petroleum products on Monday.

The proposal from the regulator has been sent to the Ministry of Petroleum to seek increase in petroleum products.

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Ogra has suggested increasing the rate of petrol by Rs4.40 per litre, high speed diesel by Rs6.25, High Octane Blending Component (HOBC) Rs7.66, light diesel Rs2.56 and kerosene oil by Rs1.56 a litre.

It is important to mention that Ogra had sent the same proposal to government during last month but government did accept the proposal and kept the prices unchanged for the month of March.

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