Finance ministry opposes the idea of providing subsidy on Oil Prices Tuesday, February 28, 2012: After the increase in Price of CNG (Compressed Natural Gas) the next gift in-stored for the people of Pakistan is the rise in price of petroleum products. Oil and Gas Regulatory Authority (Ogra) tried its best to persuade the Finance […]
Feb 29 2012 | Posted in
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Keeping its words and without showing any mercy to the people already concerned by inflation and economic volatility, the government Tuesday dropped a petrol bomb, increasing prices of petroleum products up to six per cent with immediate effect. The incumbent lethargically passed on the full impact of rising international oil prices to the consumers by […]
Petrol dearer by Rs 5.37 per liter: OGRA announces new POL prices Islamabad: (Tuesday, January 31, 2012) Oil and Gas Regulatory Authority (OGRA) has increased the prices of all POL products, culminating in making petrol expensive by a staggering Rs 5.37 per liter. As per the announcement made by OGRA, petrol will now sell at […]
Jan 31 2012 | Posted in
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Ogra burdening the consumers with new tariffs – Pakistan oil and gas sector update ISLAMABAD – Succumbing to the pressure of the federal government, Ogra has granted permission to rub salt on the injuries of gas consumers in a bid to pay the cost of reinstated employees, it is reliably learned. Sources privy to the […]
Jan 25 2012 | Posted in
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CNG to remain available for public transport for one more month Islamabad: (Tuesday, January 03, 2012) as the government finally succumbs to All Pakistan CNG Association and the transporters associations countrywide, the Secretary Petroleum and Natural Resource, Muhammad Ejaz Chaudhry today agreed to address all the concerns of the CNG sector in a meeting here […]
Jan 3 2012 | Posted in
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POL prices to go up by Rs. 5 per liter Islamabad, Saturday, December 24, 2011: It seems as if government is not done with the energy price hikes as yet because a proposal of 5 rupees hike in POL is on the table which is likely to be effective from January 1, 2012. According to […]
Dec 24 2011 | Posted in
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After a number of tragic accidents caused by the explosions of gas cylinders in CNG fitted public transport vehicles, the Oil and Gas Regulatory Authority (OGRA) has proposed to impose a ban on the use of compressed natural gas in public transports. The sanction has been proposed by OGRA after the failure to ensure the […]
Dec 20 2011 | Posted in
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CNG to banned in public transport – Pakistan oil and gas sector update ISLAMABAD: After failing to secure the quality of equipment powered by natural gas, cylinders and accessories automotive, the oil and gas regulatory authority (OGRA) has recommended to prohibit the use of CNG in public transport. One of the most senior officials from […]
Dec 20 2011 | Posted in
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Ogra gas load management is not taken into account, the High Court said LAHORE, December 14: Member Oil and Gas Regulatory Authority (gas), Muzaffar Mansoor on Wednesday said the Lahore High Court, that the authority was not taken into account before implementing the plan of gas loadshedding. The Economic Coordination Committee (ECC) had made the […]
Dec 16 2011 | Posted in
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Oil and gas sector in disarray – Pakistan Industrial sector update 2011 KARACHI – Despite good news flow regarding price and volumetric difference in oil and gas, nation’s greatest outlined area having 40 % weight in KSE 100 catalog, has so far published a bad come back of 5 % this year. This 5 % […]
Gas load management problems – Oil and gas sector update Pakistan LAHORE: It has been learnt from reliable sources that the Lahore High Court have asked the Oil and Gas Regulatory Authority (Ogra) and the Sui Northern Gas Pipelines Limited (SNGPL) to explain the court of the law under which CNG loadshedding was being conducted. […]
Dec 13 2011 | Posted in
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CNG loadshedding troubling the public – Oil and gas sector update Pakistan LAHORE: It has been learnt from reliable sources that the Lahore High Court have asked the Oil and Gas Regulatory Authority (Ogra) and the Sui Northern Gas Pipelines Limited (SNGPL) to explain the court of the law under which CNG loadshedding was being […]
Dec 13 2011 | Posted in
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