Pakistan: Govt approves hike in POL prices

Government on Saturday approved the price increase in petroleum products as advised by Oil and Gas Regulatory Authority (OGRA). The summary dispatched to the finance ministry was approved on Saturday, elevating the price of petrol by Rs 2.66 to Rs 102.42 per liter, while the price of diesel increased by Rs 3.66 to reach Rs 108.36 per liter. The price of light diesel has been raised by Rs 3.04 per liter, while price of kerosene oil has been increased by Rs 2.50 to Rs 96.68 per liter. OGRA will issue the notification of price increases today (Sunday). The new prices would be implemented from July 1, 2013. - See more at: http://www.pakistantoday.com.pk/2013/06/30/news/national/govt-approves-hike-in-pol-prices/#sthash.hVZHj3tJ.dpuf