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Thursday, July 1, 2010

Karachi Transporters refuse to cut down fare

Despite a fall in the prices of petroleum products, the transporters have refused to lower fare vexing citizens all over the country, SAMAA reported Thursday.

Transporters in Karachi said that the fuel prices are not so low that the fare can be decreased. They said that the fuel prices have to come down by Rs 13 in order for them to lower fare.

For July, the Oil and Gas Regulatory Authority had decreased the price of petrol by Rs 1.9 and of diesel by Rs 4.14.

The price cuts were announced by OGRA spokesperson Jawad Naseem in a news conference in Islamabad.

The price of petrol stands at Rs 66.95 after a decline of Rs 1.9, and that of diesel is now Rs 71.58 after a decline of Rs 4.14.

The price of kerosene is slashed by Rs 0.11 only. The price of light diesel is now Rs 61.68 after a decline of Rs 0.95.