Sui Northern Gas Pipelines Limited (SNGPL) has approached the Lahore High Court (LHC), contesting the Oil and Gas Regulatory Authority‘s (OGRA) methodology for calculating the Return on Assets (ROA). This development highlights the ongoing disputes between SNGPL and OGRA regarding gas pricing and regulatory frameworks.
Key Issues:
- ROA Calculation: SNGPL has raised concerns about the accuracy and fairness of OGRA’s ROA calculation methodology, which may impact the company’s financial performance and gas prices for consumers.
- Regulatory Framework: The case underscores the need for a transparent and consistent regulatory framework that balances the interests of gas companies and consumers.
Potential Implications:
- Gas Price Impact: The outcome of this case may influence gas prices for industrial and domestic consumers, with potential implications for the broader economy.
- Regulatory Clarity: A clear and consistent regulatory framework can help promote investment in the gas sector and ensure reliable energy supplies.
Story by Wasim Iqbal
