Petrol costs prone to enhance by Rs11.95 per litre

ISLAMABAD: The Oil and Gasoline Regulatory Authority (Ogra) has beneficial growing the worth of petroleum merchandise by Rs11.95 per litre from January 16  in a abstract despatched to the federal authorities.

Sources within the Petroleum Division informed Geo Information that the authority has additionally beneficial growing the diesel worth by Rs9.57 per litre. The ultimate determination could be taken by the Ministry of Finance headed by Dr Abdul Hafeez Shaikh after session with Prime Minister Imran Khan.

On December 30, 2020, the federal authorities had determined to lift the petrol worth by Rs2.31 per litre throughout Pakistan after rejecting an Ogra abstract recommending a rise of Rs10.68 per litre for petrol, Rs8.37 per litre for diesel, Rs10.92 per litre for kerosene oil, and Rs14.87 per litre for mild diesel oil.

PM Imran Khan had okayed elevating diesel by a decrease Rs1.08 per litre, kerosene oil by Rs3.36 and light-weight diesel oil by Rs3.95.

Consequently, petrol is at present being offered at Rs106 per litre whereas diesel is obtainable for Rs110.24 per litre, kerosene oil for Rs73.65 and light-weight diesel oil for Rs71.81.

This determination stays efficient until tomorrow [January 15].

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