OGRA increases price of petrol products

Posted by Shamsuddin Muhammad Sunday, January 31, 2010

Monitoring desk
ISLAMABAD, Jan 01: ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has said that the price of petrol will be increased by three rupees and diesel by two rupees a litre. CAPITAL: Crowd of moter cyclists following the hike in prices of petroleum products

A notification was issued by OGRA which said that the new prices will take effect from the 1st of February.Official sources told a private news channel that a weakening rupee against dollar is one of the major factors that have contributed to the rise in fuel prices.After the hike comes into effect the price of petrol will go up to seventy-one rupees and twenty-one paisas per liter, diesel will cost sixty-one rupees and seven paisas per liter, kerosene oil will cost sixty-four rupees and seven paisas and HOBC will be available on eighty-six rupees and eighty-four paisas per liter in the market. After the increase in the per liter prices of petroleum products most of the petrol pumps closed and they have started dumping the products, where as people are facing real difficulties in getting these products, Dawn News reported.

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