Ogra proposes slashing petroleum fees

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the oil and gas regulatory authority (ogra) on friday encouraged a discount within the fuel fees, with a suggestion of a rs2.fifty five-a-litre reduce in petrol.

in step with a summary despatched to the petroleum division, the ogra suggested to decrease the in keeping with-litre fees of petrol, diesel, and mild diesel oil to be decreased via rs2.fifty five, rs3.23, and rs2.forty one, respectively.

moreover, the fee of kerosene oil has been proposed to lessen with the aid of rs1.19 in keeping with litre.

the costs of petroleum merchandise could be updated from october 1, 2019.

in advance on august 30, the federal government announced to lessen the price of petrol via rs4.59 in line with litre for the month of september.

special assistant to prime minister on facts and broadcasting, dr firdous ashiq awan took to twitter and announced the selection saying, “following the decrease in petroleum costs within the worldwide market, the govt has determined to provide relief to hundreds through reducing the petroleum product fees from september 1.”

fees of diesel and petrol have been slashed by way of rs4.59 and rs7.sixty seven a litre respectively.

following the cut in the charges of petroleum merchandise, the brand new fee of petrol and diesel can be now rs 113.24 and 124.80 respectively.

meanwhile, the prices of kerosene oil and light diesel noticed an boom of rs4.27 and rs5.63 in keeping with litre respectively. the brand new price of kerosene oil could be rs99.fifty seven a litre whilst mild diesel will be offered at rs91.89 according to litre.

the new charges will take impact from 12:00 am on saturday (september 1).

remaining month, the federal authorities had accelerated the fee of petrol via rs5.15 according to litre for the month of august.

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