OGRA recommends reduction in petroleum prices

Govt slashes petrol price to Rs 74.52 per liter

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Friday has recommended to reduce Rs5.26/liter in petroleum prices.
According to a summary sent to finance ministry, decrease in Rs 0.65 paisa in the price of high speed diesel, Rs0.13 paisa in kerosene oil and Rs 0.55 paisa in light diesel oil was also suggested.
The authority has further asked to fix price of petrol as Rs82.81, high speed diesel as Rs99.10, kerosene oil as Rs 67.59 and light diesel as Rs65.85.
The final decision on the summary will be taken on March 3 after which new prices will be implemented from April 1.

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