KARACHI: Gas and Oil Pakistan Limited (GO), partly owned by Saudi oil giant Aramco, has appealed to Prime Minister Shehbaz Sharif to review the performance of Oil and Gas Regulatory Authority (OGRA) Chairperson Masroor Khan, citing ineffective leadership and growing instability in the sector.
In a formal letter to the Prime Minister’s Office, GO expressed serious concerns over OGRA’s handling of key industry issues. Despite Chairperson Khan’s background in the energy sector, the company alleged that his tenure has delivered limited progress on vital regulatory matters. “Repeated meetings have failed to yield tangible outcomes,” the letter noted, urging leadership changes or reforms to rejuvenate the sector.
GO warned that continued mismanagement poses long-term risks to the oil and gas industry and the broader economy. The company also criticized OGRA’s controversial approval allowing GO to import high-speed diesel (HSD), despite objections from local refineries, which claimed domestic supply was adequate.
An OGRA spokesperson defended the regulator’s operations, stating it remains committed to transparency and stakeholder engagement. However, GO reiterated that stronger oversight and decisive leadership are essential for industry stability, investment, and sustainable growth.
Story by Tanveer Malik
