Month: July 2020

The gas tariffs are NOT just Numbers. The Situation is not ‘business as usual’. Out of box solutions are needed today. In this era of Covid-19, lock down, melt down, the gas prices have colossal bearing upon: (a) National security (b) in-country peace (c) Job security (d) Exports safeguard (e) Foreign Exchange Earnings (f) Strengthening of Pak Rs to US$ (f) Livelihood sustainability (g) Sustainability of SSGCL (h) over economy. We need to find out what rest of the world, competition and neighbors are doing, which SSGCL had no homework done. Wellhead…

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The Oil and Gas Regulatory Authority (Ogra) has imposed a fine of Rs5 million each on three oil marketing companies (OMCs) after they were found involved in creating artificial shortage of petrol in the country by hoarding the commodity in first 10 days of the current month. Hoarding and artificial shortage was witnessed soon after the government’s decision to pass on the impact of plunging international oil prices to consumers by lowering ex-refinery prices amid protests from the OMCs. “Ogra imposed a penalty of Rs5 million each on Byco, Askar…

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