Petroleum prices for August to remain unchanged, announces govt
OGRA forwarded summary suggesting increase in petroleum prices to Finance Ministry on Friday
ISLAMABAD (Dunya News) – Federal Finance Minister Ishaq Dar while addressing a press conference on Saturday announced that the government has decided not to increase the prices of the petroleum products for the month of August, reported Dunya News.
Dar stated that the prices of five petroleum products shall not be changed during August as per the instructions given by Prime Minister (PM) Nawaz Sharif.
Oil and Gas Regulatory Authority (OGRA) forwarded a summary to Finance Ministry on Friday regarding the increase in the prices of petroleum products. OGRA suggested an increase of Rs 2.12 in the price of petrol, Rs 0.26 increase in the price of high-speed diesel whereas an increase of Rs 3.94 was suggested in the price of kerosene oil.
It was also suggested by the institution that the price of High octane be increased by Rs 0.60 whereas the price of light-speed diesel be lessened by Rs 1.24.
