Staff Reporter
Islamabad
The Oil and Gas Regulatory Authority (OGRA) has decided to lift a ban on issuing new CNG licenses based on LNG after 12 years.
The ban on issuance of new licenses had been imposed in 2008 but in October last year, the Economic Coordination Committee (ECC) directed the OGRA to issue RLNG-based licenses to new CNG stations.
Earlier, the Economic Coordination Committee (ECC) had accorded its approval in this regard. During a discussion in the meeting, Special Assistant to the Prime Minister on Petroleum Nadeem Babar had informed the economic policymakers that the ban was imposed on licenses based on indigenous gas.
Now, he said that RLNG is available and still cheaper than indigenous gas, and the CNG sector may import LNG for their stations which will be sold at Ogra’s notified price.
