POL price seen up Rs6-11/litre
PM Gilani to give final approval today
KARACHI: Government is planning to drop another petrol bomb on the masses today and is mulling to increase the price of petroleum products by Rs612 from 1st April.
According to the sources in Oil and Gas Regulatory Authority (OGRA) summary of increase in petroleum products was forwarded to Prime Minister Syed Yousuf Raza Gilani for the approval.
PM Gilani was in India on Wednesday but he as reaches Capital today, after that he would make some amendments in the summary before giving it's a final go-ahead.
It is the prerogative of Prime Minister to amend the prices mentioned in the summary after consultation with his economic advisors and political partners.
The source told that due to natural calamity in Japan and situation took place in Libya, the increase in cost of petroleum products has become inevitable. It is expected that the price of
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