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.
Pakistan aims to become model in digital assets regulation: Bilal saqib
- 13 hours ago
Security forces kill 13 Khwarij in two separate engagements in KP: ISPR
- 14 hours ago
Pakistan condemns attack on UNISFA in Kadugli, Sudan
- 13 hours ago
Under-19 Asia Cup: India beat Pakistan by 90 runs
- 14 hours ago
How do you know if you’re wasting your life?
- 5 hours ago
Bondi Beach shooting: Australia hails ‘hero’ Ahmed who stopped gunman
- 13 hours ago
Jays president Shapiro given new 5-year deal
- 19 hours ago
Source: Gray, Nats reach deal to avoid arbitration
- 19 hours ago
Australian PM declares Sydney shooting a ‘terrorist’ attack targeting Jews
- 13 hours ago
Diaz picked Dodgers because 'I'm looking to win'
- 19 hours ago
NHL board of governors eager to see more 'color vs. color' jersey matchups
- 19 hours ago
Sources: Rangers address needs with 3 signings
- 19 hours ago
