President stopped OGRA from increasing POL rates

ISLAMABAD: on Saturday Asif Ali Zardari President Pakistan has stopped OGRA (Oil and Gas Regulatory Authority) from increasing the rates of the petroleum products and also requests them to review its decision.

Earlier, Oil and Gas Regulatory Authority took decision to raise the prices of petroleum product on New Year evening.

Shortly, OGRA was about issuing notification, but president stopped them from going forward with their decision of increasing POL rates on 1st January 2012.

Sources also informed that president asked OGRA to review their decision.