Updated at: 2029 PST, Friday, October 30, 2009
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) suggested 12 paisa to Rs2 to be added to the prices of petroleum products from November 1st to November 30, Geo News reported Friday.
The sources told Geo News that petrol price was proposed to go up by 50 paisa, hi-speed diesel by 12 paisa and kerosene oil was suggested to go up by 70 paisa.
According to the preliminary suggestion by the Ogra, the hike in price of light speed diesel has been shown to go up by Rs1.70/lit and hi-octane price has been shown to soar by Rs2/lit.
The Oil and Gas Ministry would send the summary of the Ogra to Finance Ministry. Then, the PM would be apprised of this summary.
The prices of petroleum products would be determined by October 31.
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