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Oil tankers protest fuel price increase

Staff Report KARACHI: The Oil Tankers Association has announced a strike against increase in prices of petroleum Tuesday. The Oil and Gas Regulatory Authority (OGRA) has increased the fuel prices Monday. There has been an increase of Rs 5.25 per litre for light diesel and the new price is Rs 60.22 per litre. The price...

SAMAA | - Posted: Nov 30, 2009 | Last Updated: 11 years ago
SAMAA |
Posted: Nov 30, 2009 | Last Updated: 11 years ago
Oil tankers protest fuel price increase

Staff Report

KARACHI: The Oil Tankers Association has announced a strike against increase in prices of petroleum Tuesday. The Oil and Gas Regulatory Authority (OGRA) has increased the fuel prices Monday.

There has been an increase of Rs 5.25 per litre for light diesel and the new price is Rs 60.22 per litre. The price of petrol has been increased by Rs 4.37 and the new price is Rs 66 per litre.

Hi-octane experienced a Rs 4.93 per litre increase in price, which makes the new price Rs 80.52 now.

Ogra had sent the summary to the government to increase fuel prices on October 30 but the cabinet knocked it down.

The increase in fuel prices is sure to attract criticism and furor among the consumers given the presently escalating inflation in the country.

Central Chairman of the Oil Tanker Association Bakhtawar Khan said that after the recent increase in petroleum prices, it is hard to run business. He said that the association will not operate its oil tankers supplying edible oil across the country. SAMAA

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