OGRA, OMCs discuss proposals on deregulation of petroleum product prices

MG News | September 08, 2022 at 12:07 AM GMT+05:00

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September 08, 2022: Masroor Khan, Chairman Oil and Gas Regulatory Authority (OGRA) held a meeting with Oil Marketing Companies (OMCs) on Wednesday to discuss the proposals for the deregulation of petroleum product prices.

Another meeting would be held with refineries and other stakeholders in the second phase to obtain their point of view, besides developing a roadmap on the way forward with the objective to develop final Terms of Reference (TORs) for deregulation.

Member Gas, Member Oil, Member Finance, senior executives of OGRA and Ministry of Energy (Petroleum Division) with CEOs of OMC, Members of OCAC, and other industry players attended the meeting.

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