ISLAMABAD (Web Desk) The Oil and Gas Regulatory Authority (OGRA) has forwarded a summary recommending a price decrease to the Petroleum Ministry from February 1.
According to the summary, OGRA has recommended Rs 10/litre decrease in the price of petrol and Rs8.50/litre in the price of diesel.
If the summary is approved the price of petrol will decrease to Rs 68.28/litre from February 1. The price of diesel will fall to Rs 77.73/litre while after Rs 12 decrease the price of kerosene oil will decrease to Rs59.92/litre.
High-Octane will decrease by Rs 14 after which the new price will be Rs 78.13/litre.
Prime Minister Nawaz Sharif had also announced a petroleum price decrease on the start of new month during his visit Karachi Stock Exchange (KSE) earlier today.
Sarfraz Ali
The writer works as an Editor of Digital Media for Daily Pakistan. He can be reached at sarfraz1168@gmail.com.
