ISLAMABAD – The fuel prices are likely to go up after Oil and GasRegulatory Authority (OGRA) has recommended a hike in fuel prices fromJanuary 16 2021.
Oil and Gas Regulatory Authority (OGRA) has recommended increasing theprice of petroleum products by Rs11.95 per litre for the second half ofJanuary.
Sources said that the authority has also recommended increasing the dieselprice by Rs9.57 per litre. The final decision for the increase would betaken by the Ministry of Finance headed by Dr Abdul Hafeez Shaikh afterconsultation with Prime Minister Imran Khan.
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Earlier on December 30, the government had decided to raise the petrolprice by Rs2.31 per litre across Pakistan after rejecting an Ogra summaryrecommending an increase of Rs10.68 per litre for petrol, Rs8.37 per litrefor diesel, Rs10.92 per litre for kerosene oil, and Rs14.87 per litre forlight diesel oil.
