Posts tagged as: Ministry of Petroleum

Supreme Court asks OGRA to cancel licenses of CNG stations not ready for audit

The Supreme Court of Pakistan on Thursday ordered Oil and Gas Regulatory Authority (OGRA) to cancel the licenses of CNG stations that are not willing to get their accounts audited.   A two-member bench of the apex court headed by Justice Jawad S Khawaja resumed the hearing of a case pertaining to the price of […]

OGRA, CNG station owners agree on new pricing formula

The pricing mechanism of the Compressed Natural Gas (CNG) has been agreed upon between the Oil and Gas Regulatory Authority (OGRA) and the CNG stations owners.   According to the media reports, the price of the fuel gas has been fixed at 72.20 per kilogram for the region-1 and Rs.63.76/kg for the region-2.  It should […]

Weekly review of Petroleum products’ prices

The system of the change of the prices of petroleum products has come under severe criticism of late and all the voices raised talk that the system the adjustment of fuel prices on a weekly basis suffers from a severe anomaly in. In the first instance, the National Assembly Standing Committee on Petroleum expressed its […]

POL prices likely to go up from August 01

Islamabad: (Wednesday, July 25, 2012) Considering the increasing crude oil prices in the Asian market, POL prices are likely to go up in Pakistan as well. According to a source at the Ministry of petroleum and Natural Resources, increase in prices have become a must as the price of oil in international markets has gone […]

The Cabinet rejects gas load management programme proposed by Ministry of Petroleum

The Cabinet rejects gas load management programme proposed by Ministry of Petroleum On Thursday, December 8 the Cabinet rejected the gas load management programme proposed by Ministry of Petroleum. As per the proposed programme, load shedding will be exhibited in Punjab and Sindh while Khyber-Pakhtunkhwa (K-P) and Baluchistan are to be excluded on account of […]

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