OGRA acknowledges satisfactory completion of HTL’s Oil storage facility at KPK

MG News | August 09, 2021 at 02:52 PM GMT+05:00

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August 9, 2021 (MLN): Hi-Tech Lubricants Limited (HTL), in an announcement to Pakistan Stock Exchange said that Oil and Gas Regulatory Authority (OGRA) has acknowledged the satisfactory completion of the company’s second Oil Storage Facility situated at Nowshera, KPK for its compliance with the applicable standards.

The authority has based its acknowledgment on its Third-Party Inspection Report which concluded that HTL's Oil Storage Facility at Nowshera-KPK meets the mandatory requirements of Regulations/ Technical Standards for the Petroleum Industry (Depots for the Storage of Petroleum Products) S.R.O. 624(1)2009 as well as license by Department of Explosives, the notice said.

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