Islamabad. The Oil and Gas Regulatory Authority (OGRA) and Ministry of Energy (Petroleum Division) jointly hosted the meeting with Oil Industry to deliberate on many challenges highlighted by the industry. The Oil industry representatives presented the sector’s concerns and submitted proposals to deal with the challenging business environment in the country. The submissions of the Oil Industry were discussed and ample opportunity was extended to the participants to provide their input.
The matter with regard to smuggling of petroleum products from Iran was also highlighted and it was briefed that the matter has already been taken up with local governments through provincial Chief Secretaries and Federal Board of Revenue for necessary action.
OGRA has asked the industry to provide their proposals in writing with complete supporting data and assured the industry that it will attentively consider the suggestions of the sector and take up the issues with Federal Government.
The Oil and Gas Regulatory Authority has informed the participants that OGRA Rules & Regulation are consistent and there is no discrimination against any company or group of companies across the industry including Oil, lubricants, Natural Gas, LPG, LNG & CNG etc.
Imran Gahznavi
Spokesperson
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