Cut in PoL prices likely in July
ISLAMABAD: It has been anticipated that PoL prices will go down by one to four percent in month of July, resulting in cutting Rs.2 and Rs.3 from petrol and diesel prices respectively, Geo news reported.
Sources privy to Oil Marketing Companies told Geo news that price of petroleum products might be deflated by Rs.0.60 to Rs.3 in days to come.
Petroleum products price have gone down in international market, which may bring deflation here.
A summery requesting cut in PoL product prices will be finalized as late as June 30 by OGRA, sources said.
OGRA to decide POL prices
November 16, 2009 by Trend PK
Filed under World News
Full Story And Original Content.TrendPK.com KARCHI: The government has empowered Oil and Gas Regulatory Authority (OGRA) to decide petroleum product prices in future. According to officials, the decision has been taken to transfer benefit of increase or decrease in prices directly to public in future according to set formula.
Full Story And Original Content.TrendPK.com KARCHI: The government has empowered Oil and Gas Regulatory Authority (OGRA) to decide petroleum product prices in future.
According to officials, the decision has been taken to transfer benefit of increase or decrease in prices directly to public in future according to set formula.
In a letter sent to chairman OGRA by [...]
OGRA to Decide Petroleum Product Prices
KARCHI, Pakistan: OGRA to Decide Petroleum Product Prices, The government has empowered Oil and Gas Regulatory Authority (OGRA) to decide petroleum product prices in future.
According to officials, the decision has been taken to transfer benefit of increase or decrease in prices directly to public in future according to set formula.
In a letter sent to chairman OGRA by DG oil Sabir Hussain, OGRA will decide the prices which will be implemented from December 1 and no summary will be send to any ministry or prime minister in this connection. However, OGRA could send the summary to petroleum ministry to keep update information. The petroleum minister played a key role in the decision whereas some circles in petroleum ministry expressed reservations over the decision.
OGRA to Decide Petroleum Product Prices was first posted on November 16, 2009 at 3:07 pm.
