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ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Friday refuted reports regarding deregulation of fuel prices, ARY News reported.
According to a statement issued here, OGRA has rejected the reports about deregulating petroleum prices, citing potential impacts on the oil industry and the public.
The authority has written a letter to oil refineries,…
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Pakistan is facing a loss of around $35.6 million on a daily basis owing to the smuggling of around 4,000 tonnes of oil, ARY News reported, citing an oil companies association.
The Oil Companies Advisory Council (OCAC), a representative body of oil companies, in a letter to the secretary of petroleum, urged for a…