OGRA Conducts Public Hearing On Gas Price
Mohammad Ali (@ChaudhryMAli88) Published August 22, 2016 | 10:18 PM
LAHORE, (UrduPoint / Pakistan Point News - 20th August, 2016) : In order to determine prescribed price of gas, the Oil and Gas Regulatory Authority (OGRA) conducted a public hearing here on Monday, in which SNGPL, for the first time, demanded a decrease of Rs 30 per MMBTU (One Million British Thermal Units) of natural gas, in its revenue petition. OGRA Chairperson Uzma Adil Khan chaired the public hearing, while OGRA Member (Gas) Aamir Naseem and Member (Finance) Noorul Haq were also present.
Representatives of Sui-Northern Gas Pipelines Limited (SNGPL), All Pakistan Textile Mills Association (APTMA), Liquefied Petroleum Gas Association of Pakistan (LPGAP), Lahore Chamber of Commerce and Industry (LCCI), Khyber-Pakhtunkhwa government officials and other stakeholders and general public attended the hearing. During the hearing, the OGRA chairperson and members patiently heard the reservations/ suggestions put forth by the interveners.
Speaking on the occasion, the OGRA chairperson said, "Pakistan's interest is supreme to us, as both the companies and consumers belong to Pakistan." She said that it would be the consumers facing multiple problems in case of closure of a company; however, a lot had yet to be done by these companies to improve their performance. Uzma Khan hoped that companies would improve their working in the light of points/ shortfall highlighted by the interveners and other stakeholder, and come up to expectations of consumers. Later, talking to the media, she said that OGRA had already completed the public hearing process to determine the prescribed price of gas in Karachi (Sindh) and Quetta (Balochitan) on August 16 and 18, respectively.
Today (August 22), the Authority heard the interveners/ petitioners in Lahore and would hold a similar activity in Peshawar on August 25, 2016, she maintained.
Related Topics
Recent Stories
Delegation of international investors meets Finance Minister
Federal Govt stands with Balochistan for its development: Naqvi
UAE President receives condolences of Prime Minister of Pakistan over passing of ..
ECC approves to enhance wheat procurement targets
UN urges Israel to 'stop escalation' as tanks enter Gaza's Rafah city
EU stumps up $125 mn for Yemen after aid groups' plea
Governor Tessori condemns May 9 riots, calls it a 'pre-planned conspiracy'
PM condoles with UAE President over Sheikh Tahnoun’s death
Milan nets Giro 4th stage, Pogacar retains lead
UBS back in profit after Credit Suisse takeover losses
Asiya Gul lauds Shafaat's services as DG LG
President for dialogue with all political forces in Balochistan
More Stories From Pakistan
-
Mohsin Naqvi pays surprise visit to NADRA center
2 hours ago -
May 9 vandalism against state of Pakistan: Muqam
3 hours ago -
Federal Govt stands with Balochistan for its development: Naqvi
3 hours ago -
Governor Tessori condemns May 9 riots, calls it a 'pre-planned conspiracy'
3 hours ago -
PM condoles with UAE President over Sheikh Tahnoun’s death
3 hours ago -
Asiya Gul lauds Shafaat's services as DG LG
3 hours ago
-
President for dialogue with all political forces in Balochistan
5 hours ago -
Supreme Court adjourns IHC judges letter case
5 hours ago -
RDMC, Hunar Foundation Vocational Training Center inaugurated in Nokkundi
5 hours ago -
Man critically injured as vehicle catches fire amid CNG filling
5 hours ago -
Provincial health ministers chair meeting of Punjab Blood Transfusion Authority
5 hours ago -
Sheikh Jafar Khan Mandukhel assumes charge as Governor Balochistan
5 hours ago