ISLAMABAD – The Oil and Gas Regulatory Authority (OGRA) has forwarded a summary to finance ministry on Friday recommending Rs 3.22 per litre hike in petrol price.
The regulator has recommended the ministry to hike prices of petroleum products for the month of May with an upward revision of petrol price by Rs 3.22 per litre and that of high-speed diesel by Rs 6.97 per litre.
Summary dispatched to the ministry has sought an increase in prices of light-speed diesel and kerosene oil by Rs 6.95 per litre and Rs 6.97 per litre.
Revised prices of petroleum products will be enacted after Prime Minister (PM) Shahid Khaqan Abbasi’s approval.