*ISLAMABAD – **Federal government issues notification over petroleum pricesfor the month of July.*
Federal government has decided not to increase the prices of petroleumproducts for the month of July.
“The existing price of June, 2019 will remain unchanged for the nextmonth,” said a statement issued by the Ministry of Finance late on Sunday.
The Oil and Gas Regulatory Authority (Ogra) had recommended to thegovernment a reduction of Rs0.77 per litre in the petrol price and a hikeof Rs2.30 per litre in the HSD price for July, 2019.
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The regulator had also proposed an increase of Rs0.26 per litre in theprice of light diesel oil (LDO) and a reduction of Rs2.94 per litre in theprice of kerosene oil.
The regulator, on the other hand, has issued a notification of an increaseof up to 168% in gas prices for domestic, commercial and industrialsectors, effective from July 1.
