| GEO Business|
| POL prices likely to go up|
| Updated at: 1149 PST, Tuesday, June 30, 2009|
ISLAMABAD: Prices of domestic petrol, diesel and kerosene oil are likely to be increased between Rs6 to Rs7.5 per litre. The Oil and gas Regulatory Authority (Ogra) has sent the summary to the petroleum ministry.
According to sources, the OGRA calculations forwarded to the petroleum ministry said that the prices of petrol would increase by Rs6.2 per litre, Rs6.5 per litre on light diesel, Rs7.5 per litre on kerosene oil.
Crude oil prices in international markets have increased by around $10 per barrel to more than $69 per barrel at the gulf markets during the month of June against May.
The government estimates that Rs122 billion would be collected from the newly introduced carbon surcharge in the fiscal 2009-10 from the petroleum products.