Ogra recommends Rs2.61 per litre increase in petrol price

ISLAMABAD (92 News) – The Oil and Gas Regulatory Authority (Ogra) has proposed an Rs2.61 per litre increase in the price of petrol for January 2020. According to a summary sent by the Ogra to the Petroleum Ministry on Monday, an increase of Rs2.08 per litre has been proposed in the price of light-diesel. The price of high speed-diesel has been proposed a hike of Rs2.25 per litre. Meanwhile, the increase of Rs3.10 per litre has been suggested in the price of kerosene oil. After the approval of Prime Minister Imran Khan, the Finance Ministry will announce the new prices of petroleum products on the summary of the Ogra. On November 30, the federal government has reduced the per liter price of petrol by 25 paisas on the recommendation of the Oil and Gas Regulatory Authority (Ogra). According to a notification issued by the Finance Ministry, the price of light diesel oil by Rs 2.90. Moreover, high speed diesel has been reduced by Rs 2.40. On the other hand, the price of kerosene oil has been reduced by 83 paisas. After the decrease, petrol will be available at Rs 113.99 per liter, while light diesel oil and high-speed diesel will be sold at Rs 82.43 and Rs 125.01 per liter. The kerosene oil will be available at Rs96.35 per liter.