Tag: Oil and Gas Regulatory Authority
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OGRA reduces LPG price to Rs234 per kg amidst cost-cutting measures by OGDCL
The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in the price of Liquefied Petroleum Gas (LPG), providing relief to consumers who depend on LPG.
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Govt reduces petrol price by Rs8 to Rs259.34 per litre for next fortnight
In a significant move, the caretaker government announced a substantial reduction in the price of petrol by Rs8 per litre for the upcoming fortnight, effective January 16.
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OGRA notifies major gas price hike for November
The caretaker government’s decision to implement a gas price increase of over 172 per cent for non-protected domestic consumers has left many shocked and outraged.
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Federal ministers predict petrol price reduction, oil authority cautions against speculation
The Oil and Gas Regulatory Authority (OGRA) has cautioned against engaging in speculative discussions regarding the future pricing of petroleum products. This advisory comes in response to recent statements made by federal ministers suggesting potential reductions in Petroleum Oil and Lubricants (POL) rates during the upcoming fortnightly review.
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Oil and Gas Regulatory Authority implements Rs10 per kg hike in LPG prices
The Oil and Gas Regulatory Authority (OGRA) has announced a revision in the prices of liquefied petroleum gas (LPG), raising it by Rs10 per kilogramme. As per the notification, the new price for LPG will be Rs240 per kilogramme.
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Govt implements Rs4.96 per unit power tariff hike, aims to collect Rs3.28 trillion from consumers
The National Electric Power Regulatory Authority (Nepra) announced a significant increase of Rs4.96 per unit in the electricity base tariff for the fiscal year 2024, in response to a demand from the International Monetary Fund (IMF). This adjustment will result in the government collecting Rs3.281 trillion from power consumers across all distribution companies.
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Govt expected to hike gas prices by 50%, electricity by Rs4 per unit for IMF deal
“Pakistan is set to notify a significant increase in gas sale prices and electricity base tariffs for the fiscal year 2023-24 as part of an IMF deal. This move aims to pave the way for financial support and economic stability. Read on to learn more about the proposed energy price hikes and their implications for…
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OGRA hikes LPG price by Rs11.79 per kg for December
The Oil and Gas Regulatory Authority (OGRA) has increased the prices of Liquefied petroleum gas (LPG) by Rs11.79 per kilogramme for this month. The price of a domestic cylinder (11.8 Kg) has gone up by Rs139 while the price of a commercial cylinder increased by Rs535, according to a notification from OGRA. As per the…
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OGRA announces 13% reduction in RLNG price
The Oil and Gas Regulatory Authority (Ogra) has announced a 13 per cent decrease in the cost of re-gasified liquefied natural gas (RLNG) for this month, as the international spot market remained out of reach for Pakistan and the average cost of cargos under a long-term contract fell slightly as oil prices fell. According to…
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OGDCL confirms gas discovery near Ghotki, Sindh
On Wednesday, the Oil and Gas Development Company Limited (OGDCL) announced the finding of gas from an exploration well near Ghotki, Sindh. “The joint venture (JV) of Guddu Block comprising Oil & Gas Development Company Limited as an operator (70 per cent), SPUD Energy PTY Limited (SEPL) (13.5 per cent), IPR Transoil Corporation (IPRTOC) (11.5…