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OGRA decides to dismantle Enforcement Department

By Ahmad Ahmadani - January 6, 2018

The Oil and Gas Regulatory Authority (OGRA) has decided to dismantle its Enforcement Department and put the entire responsibility of enforcement of regulation activities on the shoulders of Oil, CNG and LPG departments of the authority.

The office order issued on January 5, 2017, available with Pakistan Today discloses that OGRA has taken a decision to dismantle its Enforcement Department and immediately transfer the officials and staff of the department. Also, for the enforcement of regulation activities, respective parent departments, Oil, CNG and LPG, have been given powers to carry out the task.

“Keeping in view the increased workload and optimum utilisation of manpower, the authority has decided to dismantle the Enforcement Department. Hence, from now onwards, enforcement of regulated activities pertaining to Oil, CNG and LPG sectors shall be carried out by the respective departments in accordance with the applicable rules, regulations and license conditions,” reads OGRA’s office order.

While commenting on the office order, official sources on condition of anonymity remarked that this move to dismantle the enforcement department is likely to give relief to Oil, CNG, and LPG defaulters who are facing heavy penalties.

They said that the fines imposed are likely to be null and void after this move, however, OGRA should impose policies to impose this does not happen.

They, however, lauded the work done by the enforcement department. In last three months, approximately Rs 8.5 million were recovered as fine from PSO.

source: pakistantoday.com.pk

PM directs for rationalisation of LPG price

By APP - January 4, 2018

Prime Minister Shahid Khaqan Abbasi on Thursday directed Ministry of Petroleum to take effective measures, in consultation with all stakeholders, for removing disparities and rationalisation of the price of LPG for the benefit of the consumers.

The prime minister stated this while talking to a delegation of LPG importers, which called on him at the PM’s office.

The delegation apprised the prime minister about the issues faced by the LPG importers.

Engro in collaboration with Shell, Fatima plans constructing LNG terminal at Port Qasim

Engro Elengy Terminal Limited (EETL), in collaboration with Shell and Fatima Group, plans to construct another terminal at Port Qasim with a capacity to regasify up to 600 mmscfd.

Also, with the supply of RLNG, Pakistan is saving about USD 1.7 billion each year due to fuel arbitrage savings between diesel and LNG alone. Additionally, Engro is one of just fifteen companies in the world, which is operating such an advanced terminal storage and regasification technology that enables such efficiencies.