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Oil and Gas Regulatory Authority (OGRA)

Augmentation in wellhead gas prices of 23 fields by OGRA

ISLAMABAD: The wellhead gas prices of 23 fields are augmented by the Oil and Gas Regulatory Authority (OGRA), with effect from 1st July, 2018 according to the notification issued. According to official details, the price reconsideration will also be done as gas utilities consisting Sui Southern Gas Company & Sui Northern Gas Pipelines will forward a appeal for amplification of consumer tariff, which is due to take effect on December 31, 2018. According to the notification issued, 35% hike is observed as the highest…

OGRA elevated gas prices by 300 percent

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has proposed to hike gas prices for domestic consumers by 300 percent while only 30 percent increase has been made for commercial, industrial, power and other sectors. According to sources, the proposal forwarded by OGRA to the interim government supports, increase of Rs204 per MMBTU for the domestic consumers. The per MMBtu price will increase from existing Rs110 to Rs314.67 for the domestic consumers using less than 100 cubic meters of gas, and from Rs220 to…

PM’s disqualification: Consumers deprived of reduction in oil prices

ISLAMABAD: In the absence of prime minister or the cabinet following the disqualification of PM Nawaz Sharif , prices of oil products are kept unchanged, depriving public of a possible relief. Oil and Gas Regulatory Authority (Ogra) had recommend reasonable reduction in prices of petroleum products. According to its summary, the price of high speed diesel was proposed to fall by Rs5.07, and petrol by Rs3.67 per litre with effect from August 1 to pass on the benefits of reduction in international prices to consumers.…

LHC seeks report from OGRA on tackling substandard oil tankers

LAHORE: The Lahore High Court (LHC) on Wednesday has sought recommendations from Oil and Gas Regulatory Authority (OGRA) for tackling substandard oil tankers without affecting the countrywide fuel supply. Justice Mansoor Ali Shah was hearing a case with regard to Ahmedpur Sharqia inferno that claimed over 200 lives on June 25 this year, a day before Eid-ul-Fitr. During the court proceeding, the regulatory body apprised the court that only 1,500 oil tankers were up to the mark while rest of 9,500 tankers did not meet…

Oil Tankers Association calls off strike after decisive talks with govt

KARACHI: In the latest development, oil tankers' operators have agreed to end their strike following the federal government's assurance to fulfill their demands, ARY News reported. Sources said the talks between the government and the associations of oil tankers' operators remained successful as the latter have agreed to end the strike. The petrol crisis turned worse on Wednesday as most of fuel stations dried up due to disruption in the supply of petroleum products in different parts of the country. After the…

Govt announces Rs 1 hike in petrol, diesel prices

DUBAI: Finance Minister Ishaq Dar on Friday announced increment in prices of petroleum products here in a press conference, ARY News reported.  While addressing a press conference, the finance minister announced increment of Rs. 1 per litre in prices of Petrol and Diesel respectively, however, the prices of Kerosene oil would remain unchanged. The new prices will come into effect from 12 am tonight. Petrol, after an increment of Rs. 1 per litre, will be sold at Rs. 74, diesel at Rs. 83 while the prices of kerosene…

Uninterrupted supply of gas ensured to all provinces: Petroleum Minister

ISLAMABAD: Just after a day when Chief Minister Sindh Syed Murad Ali Shah expressed concerns over inappropriate distribution of natural gas among provinces, Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi has responded that 'uninterrupted supply of gas to all provinces has been ensured', ARY News reported. Oil and Gas Regulatory Authority (OGRA) has been directed to resolve the issues relating to the new gas connections in the country including Sindh, the minister said in a statement.…