OGRA recommends decrease in petroleum prices across Pakistan

OGRA recommends decrease in petroleum prices across Pakistan

ISLAMABAD – The Oil and Gas Regulatory Authority (Ogra) recommended Rs0.25 decrease for petrol prices on Friday.

According to the details, the Ograhas recommended 0.25 decrease in petrol prices and Rs2.40 decrease in the price of high-speed diesel per litre.

Ogra has forwarded the summary to the Ministry of Energy (Petroleum Division), which would send it to the Ministry of Finance for approval. The government will decide on the price revision.

The fuel prices will likely to be decreased if the Ministry of Finance approves the new summary of the Ogra.

The finance ministry will take a decision on the summary after approval from Prime Minister Imran Khan. The new price will be implemented from December 1, 2019.