ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Saturday raised the freight fares for oil tankers by 64% after the All Pakistan Oil Tankers Association (APOTA) threatened to go on a strike.
In a notification issued by the authority, the transportation fares for oil tankers taking the short route have been increased by Rs141 to Rs360.62.
Fares for the long route have been increased by 20%.
In late July this year, the APOTA had gone on a countrywide strike to protest against freight fares and safety rules imposed by OGRA.
The strike ended after the two sides agreed to increase the freight rate of oil tankers and to resolve all other issues within 15 days.