ISLAMABAD, Pakistan: The Oil and Gas Regulatory Authority (OGRA) has recommended a Rs 20.68 cut in the petrol price from May 1, 2020 which will now be in effect if approved by the Finance Ministry.
The authority has sent the summary of the decrease in the prices of petroleum products to the Petroleum Division.
As per the recommendations, the price of petrol will be reduced by Rs 20.68 per litre.
Likewise, the OGRA has recommended that the prices of high speed diesel (HSD), kerosene oil and light diesel oil (LDO) be reduced by Rs 33.94, Rs 44.07, and Rs 24.57 per litres respectively.
The approval to the recommendations will be given by the Finance Ministry on Thursday.