The Oil and Gas Regulatory Authority (Ogra) and Pakistan State Oil (PSO) on Monday came under fire for insufficient and lethargic online integration and automation of stock and supply position of oil products for improved visibility and monitoring. Subsequently, the government decided to activate law enforcement and investigation agencies for improved monitoring of retail petroleum […]
OGRA
Pakistan ensures steady LPG and petrol supplies amid energy concerns
KARACHI: The Pakistan government has reassured citizens that LPG and petrol supplies remain stable as multiple shipments arrived at Port Qasim, officials confirmed on Thursday. Read More: Pakistan petrol stocks 27 days, gas shortfall feared Authorities reported that there is currently no shortage of petroleum products in the country. They added that additional vessels are expected in the […]
Government releases Rs27bn to keep petrol prices lower
The government of Pakistan has released an initial Rs27 billion to support efforts aimed at maintaining lower petrol prices for consumers amid rising global oil costs. The move is part of a broader strategy to shield the public from inflationary pressures linked to international energy markets. Read More: Petrol pumps threaten nationwide shutdown The funds have […]
OGRA trains oil industry on digital track and trace system
The Oil and Gas Regulatory Authority (OGRA), in collaboration with the Punjab Information Technology Board (PITB), has conducted a comprehensive industry-wide training session on its Digital Platform, marking a significant step towards the implementation of a track and trace system for petroleum products across Pakistan. Held at OGRA’s Head Office in Islamabad, the session drew […]
Pakistan fuel stocks limited to crude oil for 11, diesel for 21 days, petrol for27, LPG 9,JP-1 for14 days
ISLAMABAD — Pakistan currently holds limited petroleum reserves, with most fuel stocks sufficient for only a few weeks, the Senate Standing Committee on Petroleum was informed during a briefing by Petroleum Secretary Mirza Nasir-ud-Din Ahmad. According to the secretary, the country’s crude oil reserves are sufficient for approximately 11 days, while diesel stocks can last […]
LHC seeks replies on petition against fuel price hike
The Lahore High Court (LHC) on Monday issued notices to the federal government and the Oil and Gas Regulatory Authority (Ogra) on a petition challenging the recent increase in petroleum prices. Justice Khalid Ishaq heard the petition filed by the Judicial Activism Panel, which questioned the government’s decision to raise fuel prices amid the ongoing […]
Petroleum dealers dispute reserve data, warn of fuel shortage
KARACHI: The Pakistan Petroleum Dealers Association (PPDA) has challenged the petroleum reserve figures released by the Oil and Gas Regulatory Authority (OGRA), claiming the official data does not reflect the actual situation on the ground. PPDA Chairman Abdul Sami Khan said the country currently has petroleum reserves sufficient for only about 14 days, contradicting OGRA’s […]
OGRA seeks public input on $432m Pakistan Azerbaijan pipeline
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has invited public and expert opinion on a proposed four-year payback period for a $432 million government-to-government oil pipeline project between Pakistan and Azerbaijan. A public hearing has been scheduled for March 2 to discuss whether the proposed payback period is justified and if the project may […]
RLNG prices edge up despite lower import cost
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has notified a marginal increase of about half a per cent in Regasified Liquefied Natural Gas (RLNG) prices for February at the distribution stage for both Sui gas utilities, primarily driven by higher terminal charges despite a decline in import prices. Read More: OGRA notifies revised RLNG prices for […]
Fuel prices to rise from Feb 1, petrol may drop
Pakistan is set to adjust fuel prices starting February 1, with high-speed diesel expected to rise sharply. Petrol, in contrast, may see a slight reduction, officials said. The changes come amid ongoing inflation pressures affecting households and businesses. According to sources, high-speed diesel could increase by Rs9.47 per litre, kerosene oil by Rs3.69 per litre, […]