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OGRA termed to challenge as deregulate petroleum prices 

The officials stated that the prices can be increased in other areas and northern.

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7 months ago

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OGRA termed to challenge as deregulate petroleum prices 
OGRA termed to challenge as deregulate petroleum prices 

Islamabad: The oil and gas regulatory authority (OGRA) has termed to challenge as deregulate the petroleum products’ prices.

According to the details, there is likely to have a chance of receiving extra prices from consumers in case of removal the implemented equal price in accordance with the documents sent to ministry petroleum of OGRA.

The petrol pumps will have to clear the way to stop extra charges. The increase is necessary in the supply of OGRA for stopping the cartelization in the market.

However, the changing will be made in oil rules to stop the inflation in the market. In this way, the scheme can be damaged of upgrading the old refineries.

The officials stated that the prices can be increased in other areas and northern. OGRA suggested to the government that they have to introduce the cross subsidy similar to Benazir income support program.  

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