OGRA seeks petrol, diesel’s 3-month sale & stock details from OMCs

News Image

By MG News | May 29, 2020 at 05:13 PM GMT+05:00

0:00

May 29, 2020: The Oil and Gas Regulatory Authority (OGRA) has asked Oil Marketing Companies (OMCs) to furnish a three-month data regarding depot-wise sales and stocks of petrol and high speed diesel by June 1.

“You [OMCs) are directed to provide depot-wise sales and stocks data in respect of MS [Petrol] and HSD [High Speed Diesel], as per the prescribed format, for the past three months (March, April and May) through return fax or email by 5 p.m. on June1. In case of failure to provide the above information within the stipulated time, legal action as per law shall be initiated,” the authority said in a letter written to Chief Executives of 33 OMCs operating in the country, a copy of which was available with APP.

OGRA also advised the OMCs to ensure smooth supply of petroleum products at their retail outlets.

Meanwhile, the authority asked the Hydrocarbon Development Institute of Pakistan (HDIP) physically check and confirm the availability of MS and HSD with all OMCs depots, retail outlets and refinery storages.

“The retail outlets of all OMCs across the country be randomly inspected to ensure that sufficient product (MS & HSD) is available and shortage, if any, observed be reported to OGRA,” OGRA said.

They authority asked the HDIP to initiate the inspections on ‘urgent basis’ and accordingly submit a report by June 3. “The inspection charges shall be borne by the concerned OMC and refinery.”

OGRA also advised OMCs to ensure availability of their staff at all storage locations for access and smooth conduct of inspections by HDIP especially on May 30 and onward till June 2. “All OMCs will also ensure maximum cooperation and availability of relevant documents at their retail outlets.”

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,870.00 108,105.00
107,505.00
-365.00
-0.34%
BRENT CRUDE 66.53 66.63
66.46
-0.21
-0.31%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.87 65.02
64.82
-0.24
-0.37%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
July 01, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management



Top 5 things to watch in this week

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