Image default
Business Pakistan

OGRA proposes Rs 5.59 increase in petrol price from 1st March  

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has forwarded a summary to the Finance Ministry on Thursday, seeking raise in the prices of petroleum products.

According to sources, OGRA has recommended an increase of Rs5.59 per litre in the price of petrol, Rs12.62 per litre in the price of High Octane Blending Component (HOBC) and Rs7.62 per litre in kerosene. An increase of Rs 5 in the price of light speed diesel and decrease of Rs 5.49 in the price of High Speed diesel is expected.

Final decision on OGRA’s summary will be taken on February 28 and the new prices will be implemented from March 1, 2015. It is also expected that Prime Minister Mian Muhammad Nawaz Sharif will not approve the increase in prices of petroleum prices from next month and will order concerned authorities to maintain the prices of POL products at the current level for next one month.

Dear TNT Reader,

At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.

Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.

But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.

Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.

Monthly Subscription Annual Subscription

Visa Card MasterCard American Express Card

We want to hear your Travel Stories.

Do you have a memorable, unbelievable, or favorite travel experience? Share your story with us.