ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) is holding a consultative session on Neutral Market Price under OGRA Gas (Third Party) Access Rules and Gas Network Codes, 2018, to encourage market liberalisation and private investment and ownership in the gas sector.

The session is scheduled to be held on June 14, 2023 (10:30 am) at the OGRA head office and through Zoom online application to seek meaningful suggestions and proposals from the stakeholders for balanced decision-making on “Neutral Market Price” by the authority.

The stakeholders in the field, the SNGPL, the SSGCL, the PLL, Pak Arab Fertilizer, Universal Gas Distribution Company, Shell Energy, Tabeer Energy, Energas, Pakistan Gas Port, K-Electric, Trifigura Pakistan Ltd, Vitola Resources Pakistan etc have been invited to participate in this session personally or through Zoom link.

OGRA aims to develop and continuously work towards a safe, progressive and competitive oil and gas industry in close coordination with all stakeholders and provide sustainable solutions, through innovation and adaptation, to foresee and overcome any challenges faced by the sector.

Copyright Business Recorder, 2023