Govt approves Rs2.70 per liter hike in petrol price

Govt approves Rs2.70 per liter  hike in petrol price

ISLAMABAD: The Islamic Republic of Pakistan Tehreek-e-Insaaf (PTI)-led central on Sunday born another gasoline bomb on the individuals because it approved Rs2.70 per cubic decimetre hike in gas value effective from February one.

According to a notification by the Prime Minister workplace, light-weight diesel fuel will see an increase in value by Rs3 per cubic decimetre, whereas high-speed diesel can price Rs2.88 dearer.

The Oil and Gas regulatory agency (OGRA) on Friday had projected Rs12 per cubic decimetre hike in gas value from February one. OGRA ready its outline on the premise of a levy of Rs30 per cubic decimetre. Currently, the levy on gas is Rs21.56 per cubic decimetre.

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