OGRA accelerates oil supply chain digitalization

News Image

MG News | August 17, 2026 at 03:40 PM GMT+05:00

August 17, 2026 (MLN): The Oil and Gas Regulatory Authority (OGRA) is advancing the digitalization of Pakistan’s oil supply chain by integrating data from oil marketing companies (OMCs) and refineries through Enterprise Resource Planning (ERP) systems and monitoring petroleum stocks through Automatic Tank Gauging (ATG) sensors.

The initiative aims to improve the accuracy, reliability and timeliness of petroleum stock and supply data used by OGRA, according to APP.

OGRA has already developed a digital platform to provide greater visibility across the oil supply chain, while integration of oil pipelines with ERP systems is underway and is expected to be completed by the end of September 2026.

A key component of the project is the direct collection of operational data from OMCs and refineries through their ERP systems, along with real-time stock positions through ATG sensors.

The upgraded system is expected to improve the data available for assessing petroleum product requirements during Product Review Meetings and strengthen subsequent monitoring of supply-chain operations.

Currently, OGRA oversees petroleum stock availability maintained by OMCs and refineries but does not have a dedicated real-time ERP-based system for monitoring customs-bonded stocks.

Customs-bonded petroleum stocks, including duty-paid and non-duty-paid quantities, in-bonding, ex-bonding and bonded-stock reconciliation, remain under the jurisdiction of Pakistan Customs and the Federal Board of Revenue (FBR) under the Customs Act, 1969.

OGRA has already provided FBR and Pakistan Customs access to its digital platform, enabling them to obtain more timely petroleum stock information.

The availability of real-time data will facilitate reconciliation of petroleum products stored at public and private bonded storage facilities, while improving transparency, regulatory oversight and revenue assurance.

The initiative is also expected to strengthen Pakistan Customs’ ability to monitor the movement of petroleum products across the supply chain.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 171,153.17
162.52M
0.16%
268.58
ALLSHR 103,477.03
691.59M
0.17%
179.80
KSE30 50,901.99
58.56M
0.04%
18.99
KMI30 243,765.66
75.35M
0.26%
626.41
KMIALLSHR 67,087.03
368.61M
0.16%
107.81
BKTi 47,614.72
15.03M
-0.06%
-27.39
OGTi 34,853.92
4.57M
-0.80%
-282.58
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 85,845.00 86,950.00
85,385.00
-745.00
-0.86%
BRENT CRUDE 101.31 101.42
100.22
0.97
0.97%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
6.10
4.92%
ROTTERDAM COAL MONTHLY 138.50 0.00
0.00
1.45
1.06%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 93.02 93.17
91.75
0.65
0.70%
SUGAR #11 WORLD 18.38 18.60
18.15
0.14
0.77%

Chart of the Day


Latest News
September 22, 2026 at 07:32 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


September 22, 2026 at 07:29 AM GMT+05:00

Petrol price rises Rs4.61, HSD falls Rs1.96/L


September 21, 2026 at 04:52 PM GMT+05:00

Auto assemblers accelerate profit growth in FY26


September 21, 2026 at 04:25 PM GMT+05:00

Pakistan set to receive second Qatari LNG cargo in September



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg