ISLAMABAD: Despite of huge decline in dollar value against Rupee, Prime Minister Mian Mohammad Nawaz Sharif approved the negligible decrease of Rs. 0.34 for one liter of petrol, ARY News reported.
Oil and Gas Regulatory Authority (OGRA) has suggested the reduction of Rs. 4.51 per liter for Diesel, Rs. 3.08 for Kerosene Oil and Rs.0.34 for petrol. The summary was approved by Petroleum Ministry on Wednesday.
Following the reduction the Petrol will be sold at Rs. 107.97 per liter, High Speed Diesel (HSD) at Rs. 109.34, Kerosene Oil at Rs. 98.07. The reduced price will be effective from May 1.