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PM Imran Khan rejects Ogra proposal to increase petrol prices

ASKardar

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Oct 2, 2019
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Islamabad: Prime Minister Imran Khan has rejected recommendations made by Oil and Gas Regulatory Authority (Ogra) regarding an increase in petroleum prices.


The premier remarked that public could not be overburdened in the prevailing difficult times.

On August 29, the regulatory body had sent a summary to Petroleum division recommending an increase of over Rs 9 in petroleum prices for September.

The Ogra had proposed an increase of about Rs9.71 per litre in petrol prices and Rs9.50 in prices of high-speed diesel (HSD).

It had also recommended surge in prices of Kerosene oil and light speed diesel.
 
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valid reason
OGRA is independent in tariff calculation. It is being made autonomous to a certain degree, and it's calculations are based on international Brent crude prices. I do not know if it is a good idea or a bad one to overrule OGRA. We are still paying alot less than the price in 2018. And yes we should always keep the rupee devaluation in mind when comparing prices.
 
OGRA is independent in tariff calculation. It is being made autonomous to a certain degree, and it's calculations are based on international Brent crude prices. I do not know if it is a good idea or a bad one to overrule OGRA. We are still paying alot less than the price in 2018. And yes we should always keep the rupee devaluation in mind when comparing prices.
we are paying less, yes
but are the people's wages here more or less as compared to the countries where fuel prices are higher?
 

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