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OGRA recommends improve in value of petrol, say sources

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  • Worth of petrol could also be elevated by Rs5.5, say sources
  • Worth of diesel could also be elevated by Rs6, say sources
  • Final month, govt had clarified that value of petrol would stay the identical for March

ISLAMABAD: The Oil and Gasoline Regulatory Authority (OGRA) has despatched a abstract to the Petroleum Division by which it has urged a hike within the value of petroleum merchandise.

Worth of petrol might be elevated by Rs5.50 per litre in accordance with the levy really helpful by OGRA within the abstract whereas the worth of diesel might be hiked by Rs6, stated sources.

Sources stated the current fee of levy imposed on petrol is Rs12.65 per litre whereas that on diesel is Rs12.53 per litre. 

The ultimate determination on whether or not petroleum costs shall be elevated or not, shall be taken by the prime minister, after he consults with the Ministry of Finance.

Petrol value to stay the identical in March, says Gill

Particular Assistant to the Prime Minister on Political Communication Dr Shahbaz Gill had stated final month that petrol value would stay the identical in March.

Learn extra: Petrol costs in Pakistan to stay the identical in March

Gill had stated that OGRA had really helpful a rise of Rs6-7 per litre however PM Imran Khan turned it down.

“The government has made no increase in the prices of petroleum products,” he had stated, additionally attaching the abstract that had been forwarded to the premier by the Finance Division for approval.

The abstract confirmed that a rise of Rs6.22 had been really helpful for Petrol, of Rs6.82 for Excessive Pace Diesel, of Rs6.37 for Kerosene and of Rs5.78 for Mild Diesel Oil.

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