Oil and Gas Regulatory Authority (Ogra) on Sunday increased petroleum products and gas prices. The increase will come into effect from Monday (today). According to an Ogra notification, the price of petrol has been increased by Rs 1.41 per litre and compressed natural gas (CNG) by Rs 1.29 per kg in both regions.
The new price of CNG in region-I (Khyber Pakhtunkhwa, Potohar and Balochistan) will be Rs78.65 per kg and in region-II (Punjab and Sindh) Rs71.92 per kg. The Ogra in its summary to the Ministry of Petroleum recommended the raise in prices of petroleum products that includes an increase in the price of petrol by Rs1.41 per litre, HOBC by Rs5.64, kerosene oil by Rs1.94 per litre and light diesel oil by Rs1.62 per litre. However, the price of high speed diesel was kept unchanged at its existing level.
The new price of petrol will be Rs 85.90 per litre, HOBC Rs 112.52 per litre, kerosene oil Rs 88.19 per litre and light diesel oil Rs 85.33 per litre.
The notification adds that the natural gas sale price to CNG stations has also been increased from Rs 618.55 mmbtu to Rs 619.45 mmbtu.