Sunday 30 November 2008

OGRA Decides Petrol Price Cut by Rs9/lit

This news updete by www.thearynews.com





ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has decided to decrease the oil prices, the ministry of finance sources said on Sunday.
According to the sources the price of Petroleum will be reduced by Rs. Nine per litre, while kerosene oil and high speed diesel prices will be cut by five rupees per litre and the light diesel rate will decreased by Rs. Four per litre.

According to the Ministry of Finance sources after cut in the oil prices, per litre petroleum price went down from existing Rs 66.66 to Rs. 57.66, kerosene oil price from Rs. 56.87 per litre to 51.67, light diesel price from Rs 53 to 48 per litre, high speed diesel price goes down to 59 rupees and HOBC from Rs. 81.08 per litre to 72 rupees.

The new fuel prices will be enforced from the midnight of November 30 to December 1st.

OGRA will issue a notification to formally announce cut in the fuel prices.



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