Business

OGRA’s explanation regarding increase in prices of petroleum products

The Oil and Gas Regulatory Authority (OGRA) says it has not sent any summary of prices of petroleum products to the government.

The OGRA spokesperson said that the media reports were based on speculation and the news on the rise in prices of petroleum products was based on speculation.

According to sources, rumors are circulating that petroleum products may become more expensive from January 16, the recommendations of which have been sent by OGRA to the Petroleum Division.

Sources said that under OGRA’s recommendations, petrol could cost up to Rs 11.95 per liter and diesel up to Rs 9.57 per liter.

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