Govt jacks up prices of POL products
Petrol becomes dearer by Rs3 per litre, HSD by Rs3.01, kerosene Rs5
PHOTO: AFP/FILE
ISLAMABAD:
The government on Tuesday jacked up the prices of petroleum products by up to Rs5 per litre effective from December 16 (Wednesday), following fluctuation in global oil prices. The new prices will remain intact till December 31, 2020.
On Monday, the Oil and Gas Regulatory Authority (Ogra) had sent a summary to the Petroleum Division in which it had proposed an increase of Rs7 per litre in the price of diesel and Rs5 per litre for petrol.
However, the government increased the price of petrol by Rs3 per litre to Rs103.69 per litre from Rs100.69 per litre. Demand for petrol is expected to increase due to the shortage of Compressed Natural Gas in winter.
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DPR gets app to end hoarding of petroleum products by marketers
On
By Davies Iheamnachor
The Department of Petroleum Resources, DPR, has introduced a computer application to monitor how petroleum products in all the filling stations within the country operate.
This was just as the body also closed down a filling station for selling adulterated petroleum products and seven gas stations for illegal operations.
The Zonal Controller, DPR, Port Harcourt Zonal Office, Bassey Nkanga, who unveiled the application, Downstream Remote Monitoring System, DRMS, weekend a two-day stakeholders’ meeting in Port Harcourt with petrol and gas station owners including other operators in the downstream sector, said the platform would be deployed to check hoarding and diversion of products by marketers.
DPR launches app to tackle hoarding, diversion of petroleum products thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.