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September 18, 2019
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Petroleum prices likely to reduce by Rs 1.52 per liter

Petroleum prices likely to reduce by Rs 1.52 per liter | TheNewsTribe.com

ISLAMABAD: Oil and Gas Regularity Authority (OGRA) sent the summary to government to cut the prices of petroleum products from January 1.

According to OGRA sources, reduction of Rs1.52 per liter is expected in petrol price if the government agreed to reduce the additional GST.

Price of high speed diesel is expected to reduce by Rs2.50, high octane Rs4.80 per liter, kerosene oil Rs3.60 per liter and light diesel price could go down by Rs3.50 per liter.

Masses could not enjoy this relief if the government maintained 48% additional GST on petrol and 22% on petrol.