Once again, a petrol bomb falls on the nation by government. OGRA announces to increase petrol prices by 10 to 13%. This increase in prices of petroleum products was announced by OGRA during a press conference during the late hours of Thursday, Dunya News reported. According to Executive Director OGRA Syed Jawad Naseem, the new petroleum prices are as follows:
Petroleum Product Old Price New Price Increase in (Rs)
1.Super Unleaded (Petrol) Rs.76.58/l Rs 83.56/l Rs 6.98/l
2.HOBC Rs 90.22/l Rs 98.12/l Rs 7.90/l
3.Hi-Speed Diesel Rs 82.22/l Rs 92.89/l Rs 10.67/l
4.Light-Speed Diesel Rs 69.91/l Rs 78.98/l Rs 9.07/l
5.Kerosene Oil Rs 74.45/l Rs 84.10/l Rs 9.65/l
The Executive Director OGRA said in the press conference that petroleum prices have been increased up to 40% in the global market. But Pakistan has increased the prices of petroleum products by only 18%. He also said that during last five months, government has given a subsidy of 35 billion rupees on petroleum products and in April, an additional subsidy of 10 billion rupees will be given. – Dunyanews