Abb Takk News

OGRA One Year Performance In PTI-Govt Issued

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) performance report of the year in the PTI-led government has been issued.

According to the report, the OGRA issued licenses to nine companies for the purpose of oil marketing while six companies were given permission selling petroleum-related goods and items.

The OGRA also issued a license to an oil refinery having a daily capacity of 20 barrel as well in this year.

It issued 23 licenses to LPG storage marketing and operations, whereas, 46 licenses were issued to LPG storage and filling plants, the report added.

Other licenses issued in the year included 11 for LPG refueling stations, eight for air mix and two for storage terminals, the report stated.

No licenses issued to any CNG station due to the ban on the license in this year, the report said while it issued 122 notifications of wheel head price in the year.

The report highlighted that a huge investment of Rs 4.5 billion in the oil and gas sector will arrive.