ISLAMABAD: The petrol prices in Pakistan are expected to increase from 18 May 2021, according to the recommendation summary submitted by the Oil and Gas Regulatory Authority (OGRA) to the Petroleum Division.
The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in the petrol price in Pakistan by Rs. 1.90 per liter, according to the summary sent to the Petroleum Division.
Furthermore, OGRA has also recommended to increase the diesel price in Pakistan by Rs. 3.25 per litre from 16 March but the final decision will be taken by the Prime Minister Imran Khan tonight (17 May 2021).
It bears mentioning that the change in petrol prices in Pakistan was delayed from 15 May 2021 because of the Eid ul Fitr holidays and new prices will be determined today for the rest of the month.
If the Government approves the new petrol prices in Pakistan, these will come into effect from 18 May 2021 for remainder of the month.
The current petrol price in Pakistan is Rs. 108.56 per litre while high speed diesel is being sold for Rs. 110.76 per litre, Kerosene for Rs. 80.00 per litre and light-speed diesel for Rs. 77.65 per litre.