National Assembly passes OGRA (Amendment) bills, 2022

MG News | February 17, 2022 at 11:13 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 17, 2022 (MLN): The National Assembly on Thursday passed the Oil and Gas Regulatory Authority (Amendment) Bills, 2022.

The purpose of the amendment is to bring entire Liquefied Natural Gas (LNG) and Re-gasified Liquefied Natural Gas (RLNG) licensing and pricing under the regulatory framework. This shall also empower the OGRA to determine and notify the RLNG sale price under the OGRA Ordinance, 2002, the bill said.

Earlier today, the OGRA (Amendment) Bill, 2022 and the OGRA (Second Amendment) Bill, 2022 smoothly sailed through Senate and passed unanimously in absence of the opposition.

The OGRA through these amendments shall eliminate gaps between regular, semi-annual tariff determination and notification.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	181,398.22 445.72M	0.49% 887.19
ALLSHR	109,207.09 1,229.93M	0.60% 651.22
KSE30	54,098.50 207.37M	0.48% 257.23
KMI30	258,982.79 206.69M	0.63% 1632.68
KMIALLSHR	70,885.99 618.36M	0.67% 471.82
BKTi	49,433.60 45.14M	-0.05% -23.01
OGTi	37,143.87 18.42M	0.59% 217.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,935.00	66,160.00 64,825.00	-765.00 -1.16%
BRENT CRUDE	79.10	79.57 77.75	0.14 0.18%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	7.50 6.49%
ROTTERDAM COAL MONTHLY	125.50	0.00 0.00	-0.40 -0.32%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	75.37	76.06 74.09	0.10 0.13%
SUGAR #11 WORLD	14.24	14.33 14.22	-0.07 -0.49%