Petrol prices expected to increase from 16 March 2021

ISLAMABAD: The petrol prices in Pakistan are expected to increase from 16 March 2021, according to the recommendation summary submitted by the Oil and Gas Regulatory Authority (OGRA) to the Petroleum Division.

The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in the petrol price in Pakistan by Rs. 5.50 per liter, according to the summary sent to the Petroleum Division.

Furthermore, OGRA has also recommended to increase the diesel price in Pakistan by Rs. 6 per litre from 16 March but the final decision will be taken by the Prime Minister Imran Khan by tomorrow night (15 March 2021).

If the Government approves the new petrol prices in Pakistan, these will come into effect from 16 March 2021 for a period of 15 days. It is pertinent to mention that the federal government did not increase petrol prices at the start of this month (1 March 2021).

The current petrol price in Pakistan is Rs. 111.9 per litre while diesel is being sold for Rs. 116.07 per litre, Kerosene for Rs. 80.19 per litre and light-speed diesel for Rs. 79.23 per litre.

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