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Pakistan

PM Nawaz rejects OGRA’s proposal for petrol price hike

Petroleum prices likely to increase from November 1 |Thenewstribe.com

ISLAMABAD: Prime Minister Mian Moahmmad Nawaz Sharif on Thursday has rejected the summary of Oil and Gas Regulatory Authority (OGRA) for hike in Petrol price from January 1, The NewsTribe.com reported.

While addressing the launching ceremony of National Health Programme premier said that Petrol prices will remain unchanged in the month of January.

Earlier yesterday (OGRA) had recommended the petroleum ministry to increase the price of Petrol by Rs2.17 per litre for the month of January.

On the other side OGRA has suggested the prices of other petroleum products slashed.

According to a summary the price of Light Diesel by Rs5.93, High Octane Rs4.35 and Kerosene Rs8.07 per litre.