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OGRA proposes hike in POL prices

Oil and Gas Regularity Authority has proposed the hike of Rs 6.75 per liter in petroleum prices and it is sent to Prime minister for approval.

Sources reported that the summary regarding increase in petroleum prices has been sent to PM for approval pertaining increase of Rs 2.29 in petrol, light diesel Rs 6.40, kerosene oil Rs 6.75 and high speed diesel of Rs 2.

Prime minister Nawaz Sharif will take the final decision over the summary sent by the OGRA.