SNGPL’s Rs 40 billion stuck in litigation

    By NewzTodays Editorial Team | November 26, 2020

    Aftab Ahmed The Sui Northern Gas Company Limited (SNGPL) faces Rs 40 billion stuck due to litigation. SNGPL management informed during a public hearing Oil and Gas Regulatory Authority (Ogra) conducted here. The company management sought implementation of an increase in meter rent from Rs 20 to Rs 40. Economic Coordination Committee (ECC) had already…

    OGRA to register LPG dealers

    By NewzTodays Editorial Team | November 6, 2020

    A committee headed by Deputy Chairman Planning Commission recommends registering LPG distributors for sustainable LPG pricing. Atif Abbas Liquefied Petroleum Gas (LPG) is fuel for the common man in Pakistan. But it is not a sustainable sector due to volatile prices. The different governments have formed policies during their tenures to make it sustainable. Earlier,…

    OGRA suspends 5 more OMCs licenses

    By NewzTodays Editorial Team | October 29, 2020

    Aftab Ahmed Small Oil Marketing Companies (OMCs) are under the radar of the regulator. However, multinational companies like Shell and Total have exceptions. The multinational companies were also involved in the oil shortage in June this year and faced a fine from the regulator. However, the OGRA has suspended another five Oil Marketing Companies (OMCs)…

    OGRA officials among candidates in race for Chairman

    By NewzTodays Editorial Team | July 22, 2020

    Aftab Ahmed Islamabad: A high-powered selection committee under the chair of newly re-designated Advisor to Prime Minister on Interior, Shehzad Akbar along with his five-member team will interview 23 short-listed candidates for the post of chairman OGRA through a video link on Thursday. Shehzad Akbar, elevated to the post of Advisor to PM from Special…

    OGRA imposes Rs 40 million fine on OMCs

    By NewzTodays Editorial Team | June 11, 2020

    Aftab Ahmed Islamabad: The Oil and Gas Regulatory Authority (OGRA) on Thursday imposed a Rs 40 million fine on leading oil marketing companies including foreign firm Shell for hoarding petroleum products that led to the petrol crisis across the country. In addition to fines, a case has been registered against three Oil Marketing Companies including…