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Petrol prices likely to be decreased next month

ISLAMABAD: Petroleum prices are likely to go down by Rs. 4.00 per litre in the start of next month, said a spokesperson of the Oil and Gas Regulatory Authority (OGRA).

OGRA has recommended the reduction in the petrol prices in its summary to the Ministry of Petroleum,” he said.

According to details, per litre cost of petroleum is likely to reduce by Rs. 3.30 per litre whereas the price of high speed diesel is expected to be brought down by Rs. 3.80 per litre.

Moreover, per litre cost of light diesel will be slashed by Rs. 2.10, the price of kerosene is likely to be reduced by Rs. 2.50 and the rate of the high octane fuel may be slashed by Rs. 4.00 per litre.

Prime Minister Nawaz Sharif will decide the matter of the revision of the petroleum prices on his return from the United States.


M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.