ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Thursday recommended to the federal government to increase petroleum prices from April 1.
Sources said Ogra proposed an increase of Rs2.28 per litre for petrol, Rs2.04 for high-speed diesel (HSD), Rs13 for kerosene oil and Rs7.75 for light diesel oil (LDO). A summary in this regard has been sent to the Ministry of Petroleum and Natural Resources.
According to the summary, after the increase, the price of petrol will go up to Rs75.28 per litre from the current Rs73, whereas the price of HSD will go up to Rs84.04 per litre from the current Rs82.
The price of kerosene oil will rise to Rs57 per litre from the existing Rs44 and the price of LDO will increase from Rs44 to Rs51.75 per litre. Final approval will be given by the government today.
