Tag: OGRA

Petroleum

Petrol Price have been reduced by 8.48 Rs along with reduction in other petroleum prices

Few days back while recommending the petroleum prices for March 2016 OGRA (Oil and Gas Regulatory Authority), had recommended the 8.48 Rs decrease in price of petrol, which eventually have been approved by government today. The new price of petrol is set to Rs. 62.77 per liter. The price of High Speed Diesel (HSD) was also reduced by 4.67 per liter by setting it to the Rs. 71.12 per liter. Light Diesel price was also Reduced by Rs. 1.97. Also, OGRA had recommended the increase of Rs. 1.66 in prices of Kerosene oil, which was not approved, resulting in no change in prices of Kerosene oil. Reduction of all the prices was resulted by dropping prices of petroleum products in […]

Petroleum

Despite Recommendation of OGRA PMLN Led Govt Fails to Pass on full benefit of low Petroleum prices to Pakistani People

As per trend, last few months as well, the petroleum prices declined in international market. Pakistan’s Oil and Gas Regulatory Authority (OGRA) also recommended that Pakistan can reduce petrol and diesel prices by at least six rupees. Now  OGRA is main authority which recommends the petroleum prices in Pakistan, so when it is say we can reduce price by 6 rupees or more, we absolutely have margin to do that. Normally, when OGRA decides a price and it goes to Prime Minister office for approval, it is accepted as it is. But this time our beloved PM Nawaz Sharif chose not to pass on the benefit to people of Pakistan, so instead of accepting the OGRA’s price reduction of 6 […]

Inside Story

People of Pakistan resort to dangerous gas pumping devices for their homes as govt sits idle

It is winter season, we have not seen the first rain of the season yet but as the temperatures are dropping the problem of Natural Gas Shortage is getting worse. Daily more and more house hold Natural Gas consumers are getting deprived of supply of gas supply in their burners and stoves, just let alone the room or water heaters. As the shortage issue raised people have started finding their ways to suck more gas out of Sui Nortren Gas Pipe Lines’ (SNGPL) network. Some AC and Refrigerator technicians have found new application of the gas compressors which are used in Refrigerators and ACs. They have started installing these compressors in homes of people, they run on electricity, so they […]

Petroleum

Hilarious decrease in price of CNG

As recently Oil and Gas Regulatory Authority (OGRA) had increased the price of CNG by Rs. 8 on December 30th 2011.  That triggered the strike from the CNG association as well as from the pubic transport unions. One other reason was closure of CNG for more than half a week each week so public transporters were not being able to get tanks filled. Yesterday after success of the dialog between CNG Association/Transporters and OGRA, OGRA with other measures taken also had told transporters/CNG Association that they will decrease the price soon. Today this hilarious decision came from OGRA, which is that price of CNG have been decreased 36 Paisas.  As just few days back the price was increased by 8 […]