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OGRA issues its performance report of the year

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The Oil and Gas Regulatory Authority (OGRA) has issued its performance report of the year.

According to the report, the OGRA issued licenses to nine companies for the purpose of oil marketing while six companies were given permission selling petroleum-related goods and items.

The authority also issued a license to an oil refinery having a daily capacity of 20 barrels.

It issued 23 licenses to LPG storage marketing and operations, whereas, 46 licenses were issued to LPG storage and filling plants.

Other licenses issued in the year included 11 for LPG refueling stations, eight for air mix and two for storage terminals.

Meanwhile, no licenses were issued to any CNG station due to ban imposed in this year.

The report highlighted a huge investment of Rs4.5 billion received by oil and the gas sector

 

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