OGRA orders oil, gas sector to adopt digital payments
There needs to be a concerted effort to address challenges in the sector including improving digital infrastructure, establishing reliable payment systems, and stabilising energy costs. photo: file
The Oil and Gas Regulatory Authority has directed all licensed entities under its regulation to adopt digital payment solutions in line with the government's push for a cashless economy.
According to the directive, OMCs, gas utilities, CNG stations, LPG and LNG operators, refineries, and lubricant marketers must introduce and display digital payment options, particularly the SBP's Raast QR Code, at their outlets. OGRA said no outlet will be allowed to refuse customers opting for digital transactions. All entities must ensure full compliance by October 31, 2025.
The authority said the move supports SBP's digitisation drive and is expected to improve financial inclusion, transparency, and operational efficiency across the energy sector. Businesses have been instructed to coordinate with banks, microfinance institutions, or electronic money institutions to obtain free-of-cost Raast QR codes for timely implementation.