Saturday 31 December 2011

Petrol price hiked; diesel kept unchanged

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Saturday hiked the price petrol and HOBC but withdrew rise in diesel rate on the directive of President Asif Ali Zardari, Geo News reported.

According to the notification issued by OGRA, the price of petrol was raised by Rs1.65 per litre to Rs89.95 while HOBC was made expensive by Rs5.13 a litre to Rs111.91.

The price of diesel has been kept unchanged at Rs98.82 a litre. Similarly the rate of kersone oil and light diesel was also kept untouched at Rs89.24 and Rs86.78 per litre.

Earlier, OGRA had decided to raise the price of diesel by Rs1 per litre but it withdrew the same on the directive of President Asif Ali Zardari.

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