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February 21, 2019

Petrol Prices Likely to Decrease Next Month

Oil And Gas Regulatory Authority (OGRA) has prepared a summary which suggests a slight decrease in petroleum prices.
According to sources available with ProPakistani, the summary suggests that petroleum prices will be slashed by Rs. 0.59, High-Speed Diesel by Rs. 4, light diesel by Rs. 1, and kerosene oil by Rs. 2 per liter. The summary has been forwarded to the Ministry of Petroleum and Natural Resources.
Pakistan Close to Discovering a Gas Reservoir as Large as Sui Field: Minister Petroleum
Government Could Still Change The Prices
Keep in mind these are the proposed rates by OGRA and the government can adjust taxes to accommodate the change in price.
The ministry, after the recommendations, will dispatch the summary for Prime Minister Imran Khan’s approval.
While we have mentioned the prices checked by our sources, the final call on the rates will be taken in a cabinet meeting, headed by Prime Minister Imran Khan.
Via: ProPakistaniUrdu


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