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.
Allama Iqbal International Airport expansion gains momentum; passenger facilities set for significant upgrade
- a day ago
5 men held over bomb scare at England base used by US to attack Iran are UK nationals: police
- a day ago
Buttler ruled out of Pakistan Tri-series with hamstring injury
- 2 hours ago
US Afghanistan War Commission praises Pakistan’s contribution to regional peace
- 21 hours ago
Pakistan Army team successfully performs complex brain surgery in Gwadar
- 2 hours ago
OpenAI cancels release of newest model due to safety concerns
- 25 minutes ago
India, Pakistan on Asian Games collision course after cricket washout
- a day ago
Jensen Huang talks about AI and climate change like a supervillain
- 12 hours ago
Gold prices record big plunge in Pakisan
- a day ago
What should you do if your friend is in love with you?
- a day ago
Pakistan storm into Asian Games hockey semi-finals after thrashing Oman 7-2
- a day ago
Big Oil has an audacious request for the Supreme Court
- 10 hours ago
