Oil and Gas Regulatory Authority

Regulator takes decision despite lacking quorum due to absence of chairman, a member

Summons federal petroleum minister, Ogra chairman and NAB DG in flour, petrol crises case

SSGC claims to have suffered loss due to LNG swap with domestic gas

Proposal for call option for two years sent to ECC for approval

Per-kg price of CNG will also be reduced in Punjab, where RLNG is used in filling stations, in the same proportion

Earlier, Petroleum Division held talks on reducing the return, UFG ceiling

Petroleum Division engages in consultation to cut UFG level, return on assets for gas utilities

At present, the regulator permits SNGPL, SSGC to cover 6.3% losses

Fuel will be sold at Rs142 per kg in February

Slash urea rates in the range of Rs150 to Rs300 per bag

Suggests increase of Rs2.47 per litre in price of diesel

Absence of triggers, upcoming monetary policy announcement keep investors sidelined

GIDC applicable to fertiliser producers was cut by Rs400 per bag

SNGPL will receive $10.4822 per mmbtu, SSGC will get $10.4602

Approves formation of high-level panel for distribution of net hydel profit

Industry says cost of urea production will rise after gas price hike

Meeting, chaired by Asad Umar, sees no reason for price hike

Petroleum Division floats proposal to eliminate Rs181b circular debt in gas sector

PTI govt mulls giving OGRA more teeth

Believes other sectors will take delivery of unconsumed imported gas

Legislation empowers parliament to oversee all club rules

There should be advisory bodies and appellate tribunals

The regulator increased the LPG price by Rs19.11 for an 11.8kg cylinder for the month

Oil industry faces hefty loss of Rs40b due to rupee’s free fall

Grants nine licences in one year for setting up new OMCs

Petroleum Division asks them to produce quality fuel that meets needs of new model vehicles

Petition filed by former CJP’s party seeks to get ‘increase’ declared null, void

Senator suggests setting up of retail outlets will help stop smuggling

Surprising consumers with ridiculously high bills 100% over what they are used to paying is unfair

Caretaker administration is under enormous pressure to increase gas tariffs

Independent study proposes higher UFG benchmark at 7.6% for past five years

Is taking input of provinces, gas utilities, lawmakers and consumers

Company representative offers reduction in fuel marking price in exchange for the extension

High manganese levels cause harm to vehicle engines and public health

Regulator argued deregulation would provide extra money to highly profitable oil industry

Authority resistant to implement government’s proposal as it would affect performance of power distribution...

OGRA sets new UFG ceiling at 6.3% compared to the previous 4.5%

Argue it has become uneconomical to produce jet fuel at current price

Price of gas from Sui fields undergoes massive upward revision

Says govt at liberty to place the matter before Council of Common Interests