Summary moved for cutting down POL prices

Thursday, October 30, 2008

According to

"ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has sent a summary proposing a 20 to 30 per cent cut in prices of petroleum products to the Ministry of Petroleum.

The summary states that the rate of petroleum products could be slashed by 20 to 30 per cent in the country following a decline in the international oil prices.

The Petroleum Ministry will review the OGRA’s summary before forwarding it to the Ministry of Finance. Prime Minister Yousuf Raza Gilani will grant final approval to the summary.

The final decision in this regard will be announced tomorrow."

So Little bit happy, after having reduced petroleum prices everywhere our pakistani government have finally decided to lose prices also but let's see what happens as the summary is yet to be signed by our Prime minister.