OGRA, OMCs discuss proposals on deregulation of petroleum product prices

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

0:00

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.

APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	120,465.93 122.21M	-1.23% -1505.11
ALLSHR	75,339.82 703.66M	-1.15% -877.42
KSE30	36,506.12 59.21M	-1.10% -406.83
KMI30	177,871.47 63.39M	-1.14% -2047.00
KMIALLSHR	51,657.22 334.26M	-1.05% -550.29
BKTi	30,014.92 13.36M	-0.91% -275.63
OGTi	26,998.97 8.29M	-1.79% -492.98

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	104,975.00	105,330.00 104,590.00	1010.00 0.97%
BRENT CRUDE	76.49	76.80 75.67	-0.21 -0.27%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-3.60 -3.93%
ROTTERDAM COAL MONTHLY	103.85	104.20 103.85	-0.25 -0.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	73.47	73.80 72.63	-0.03 -0.04%
SUGAR #11 WORLD	16.35	16.56 16.20	-0.16 -0.97%