Abb Takk News

Prices of Petroleum Products Likely to Go Up

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in the price of petroleum products by up to Rs7 per liter from September 16.

According to a summary sent by the OGRA to the Petroleum Division, the authority has proposed hike in the price of petrol by Rs1 and High Speed Diesel (HSD) by Rs10.50.

The regulator has also proposed to increase the price of Light Diesel Oil (LDO) by Rs 5.50 and Kerosene oil by Rs 5.50 per liter.

The new prices – fixed for 15 days – will be announced after Prime Minister Imran Khan’s approval.