US
OGRA recommends massive increase in prices of all petroleum products
Gives petroleum ministry a week to submit a written explanation
Increase in diesel price, widely used in transport and agriculture sectors, will lead to higher inflation rate
Prices of other products, however, may witness a minor increase
Refineries using ‘permissible additives’ to produce RON 90 gasoline
With the suspension of local gas supply to CNG stations in Punjab, increase in price will affect the public directly
Petroleum ministry’s claim in National Assembly nothing but an exaggeration
Will establish up to 26 pumps in Punjab, plans to invest Rs1 billion
OGRA had recommended a double-digit increase in prices of HSD and other petroleum products
High speed diesel price increased by Rs3.96 per litre, light speed diesel price Rs6.25 and kerosene Rs6.79