Connect with us

Hi, what are you looking for?

Online Business Success

PM Imran Khan rejects OGRA’s recommendation to hike petrol price


  • OGRA recommended increasing price of petrol, diesel by Rs5 per litre.
  • Petrol price will remain unchanged at Rs145.82 per litre.
  • The price of diesel will remain unchanged at Rs142.62 per litre.

ISLAMABAD: Prime Minister Imran Khan Monday rejected the Oil and Gas Regulatory Authority’s (OGRA) recommendation to hike the price of petroleum products.

Therefore, following the prime minister’s decision, the petrol price will remain unchanged at Rs145.82 per litre, and the price of diesel will remain Rs142.62 per litre as before.

The prices of kerosene oil and light diesel will stay at Rs116.53 and Rs114.07 per litre, respectively.

In its recommendation to the prime minister, OGRA had recommended jacking up the price of diesel and petrol by Rs5 per litre.

Product Existing price w.e.f 5-11-2021 New price w.e.f 16-11-2021 Increase/decrease
Petrol Rs145.82 Rs145.82 Rs0
Diesel Rs142.62 Rs142.62 Rs0
Kerosene oil Rs116.53 Rs116.53 Rs0
Light diesel oil Rs114.07 Rs114.07 Rs0

Earlier, on November 5, the government had jacked up the price of petrol in Pakistan by Rs8.03 per litre.

The decision came as a surprise for the masses as on November 1, which was the scheduled date to announce results, the prime minister had not agreed with the proposals worked out by OGRA and the Finance Division and was directed to maintain the prices as notified on October 16.



Source link

Advertisement. Scroll to continue reading.
Click to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisement

Latest

Online Business Success

OGRA recommended increasing price of petrol, diesel by Rs5 per litre. Petrol price will remain unchanged at Rs145.82 per litre. The price of diesel...

Top Stories

Israel has reportedly enacted new regulations related to the cryptocurrency industry in order to combat illegal activities such a money laundering and terrorism financing....

Loan And Finance

MLC names new retail executive appointments 15 November 2021 MLC Life has announced new appointments aimed at strengthening its retail offerings and provide stronger...

Social Media

Facebook has announced a range of new fundraising and community support initiatives in preparation for Giving Tuesday (11/30), which, interestingly, also includes the expansion...

Top Stories

Bitcoin (BTC) whales are back in the game near $60,000 as data shows classic bull market behavior. According to on-chain monitoring resources on Nov....

Technology

Researchers have developed a new fuzzing-based technique called ‘Blacksmith’ that revives Rowhammer vulnerability attacks against modern DRAM devices that bypasses existing mitigations. The emergence...

Top Stories

The controversial U.S. infrastructure bill was signed into law by President Joe Biden this morning, with the legislation passing without amendments made to the...

Online Business Success

— AFP/File Rupee value slightly improves by Rs0.44, settling at Rs175.29 against the US dollar in the inter-bank market. The uptrend in remittances and...

Advertisement

You May Also Like

Blogging

In this post, I will discuss the top ten profitable blogging niches ideas for Adsense approval and high traffic. whether you use Blogger or...

SEO Guide

How to index website on Google? Do you want to drive more organic traffic to your new website? I am sure your answer is...

SEO Guide

Want to rank in Google image search? Images that you use as a featured images when writing a post actually appear on Google Images...

SEO Guide

There are all kinds of pictures of the world on the internet, but to find one of these specific pictures that you want to...

Advertisement