ISLAMABAD: Government likely to jack up petroleum products prices for February. The Oil and Gas Regulatory Authority (OGRA) has suggested Rs12 per litre increase in the price of petrol and Rs10 per litre rise for diesel in its latest summary sent to the petroleum division.
Earlier, the government had increased the petroleum products prices twice in January.
Sources in the petroleum division said that Ogra has prepared its summary on the basis of a levy of Rs30 per litre. Currently, the levy on petrol is Rs21.56 per litre and Rs23.9 per litre on diesel.
The final decision will be taken by the Ministry of Finance headed by Dr Abdul Hafeez Shaikh after consultation with Prime Minister Imran Khan.
The price of petrol went up by Rs2.31, since January 1 and diesel by Rs1.80, whereas on January 15, the government again raised up the price of petroleum products with a peak of Rs3.20 more costly per litre and diesel Rs2.95 more expensive per litre.
Trump fires top US general in unprecedented Pentagon shakeup
- 13 hours ago
Third polio case reported in Pakistan this year
- 14 hours ago
Champions Trophy: Australia thrash England by five wickets
- 13 hours ago
Atif Aslam's surprise performance on London streets
- 13 hours ago
LeBron 'defies' age with another historic 40 in win
- 10 hours ago
PM announces to establish university in Rajanpur, cancer hospital in DG Khan
- 12 hours ago
CJP advised to stay within system and not boycott: Barrister Gohar
- 14 hours ago
Agent: Lakers wrong in failing Williams' physical
- 10 hours ago
Govt committed to change nation's destiny, says PM Shehbaz
- 10 hours ago
16 Afghans arrested in Rawalpindi operation
- 14 hours ago
US urges backing of ‘simple’ resolution as Trump calls for Putin-Zelensky talks
- 6 hours ago
IHC nullifies Section VII of Finance Act 2015, declares it unconstitutional
- 11 hours ago
