OGRA recommends increase in POL prices

30 Jun, 2016 2:44 pm

ISLAMABAD (92 News) – The Oil and Gas Regulatory Authority (OGRA) sent a summary to the Ministry of Petroleum, recommending Rs 9 increase in the prices of petroleum products from July 1.

The OGRA has suggested an increase of Rs 3.75 per liter in high Speed Diesel Oil price, increase of Rs 3.53 per liter in High-Octane Blending Component (HOBC) price, increase of Rs 5.38 per liter in Light Diesel Oil (LDO) price and increase of Rs 8.62 per liter in Kerosene oil price.

If the government passes the full impact of increase in international crude oil prices to local consumers than from 1 July petrol will be available at Rs 66.20 per liter, HSD at Rs 79.27 per liter, Kerosene at Rs 51.87 per liter, LDO at Rs 43.35 per liter and HOBC at Rs 76.21 per liter.

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