ISLAMABAD – The petroleum prices are likely to be increased in Pakistan asthe Oil & Gas Regulatory Authority (OGRA) has submitted a summary to thepetroleum division.
OGRA has recommended that the petrol prices should be increased by at leastRs4.50 per liter starting from October 1.
The regulatory authority has forwarded a summary to the petroleum divisionsuggesting an increased of at least Rs4.50 in the oil prices.
The summary also refers to other petroleum products whose prices should beincreased under monthly readjustment formula.
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It is recommended that the rate of high speed diesel be increased by Rs4per liter, while the rate of light diesel price proposed to be increased byRs3.50 per liter.
