Times of Islamabad

How much reduction in petroleum prices is being made in Pakistan?

How much reduction in petroleum prices is being made in Pakistan?

ISLAMABAD – The Oil and Gas Regulatory Authority (OGRA) has forwarded asummary to the Petroleum Division to revise prices of POL products for themonth of February.

“A summary has been sent to the Petroleum Division for onward submission tothequarters concerned to decide the POL product rates,” an official sourcetold APP.

As per the summary, the authority has suggested reducing the price of HighSpeed Diesel by Rs 4 per liter; Petrol Rs 0.52 per liter and Kerosene oilRs 1.92 per liter, while Rs 1 increase has been suggested in per liter rateof Light Diesel Oil.

The finance ministry will notify the revised prices after final approval onJanuary 31, which would be effective from February 1.