Virtual Position Forum
Please register to watch content in detail
Thanks
Admin virtual position


Join the forum, it's quick and easy

Virtual Position Forum
Please register to watch content in detail
Thanks
Admin virtual position
Virtual Position Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.

OGRA suspends, fines 7 OMCs

View previous topic View next topic Go down

GMT + 8 Hours OGRA suspends, fines 7 OMCs

Post by Admin Sun Sep 11, 2011 4:58 pm

[You must be registered and logged in to see this image.]




ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) Wednesday not only suspended but also fined seven oil-marketing companies (OMCs) for not complying with its directives, binding OMCs to maintain at least 20 days storage, Geo News reported.

Ogra has taken this action to ensure smooth supply of petroleum products across the country.

The suspended companies include Askar, Hascol, Admore, OOTCL, Bakri, Byco, and Total Parco. A penalty of Rs3 million each has also been imposed on these companies.

The decision by Ogra has been taken on the advice of Ministry of Petroleum and Natural Resources, as regulation of supply side was the preview of the ministry.

“This is a technical division in the regime — some functions are with the ministry whereas the marketing activities are to be overseen by the oil and gas regulator — Ogra,” an petroleum ministry official said.
Admin
Admin
Y-Nots!
Y-Nots!

Posts : 624
Join date : 2011-02-08

Back to top Go down

GMT + 8 Hours Re: OGRA suspends, fines 7 OMCs

Post by ~*Cute_Girl*~ Sat Sep 17, 2011 9:14 am

very nice[You must be registered and logged in to see this image.]
~*Cute_Girl*~
~*Cute_Girl*~
Monstars
Monstars

Aries Horse
Posts : 76
Join date : 2011-07-12
Age : 34
Location : virtual position

https://virtualposition.forumotion.net

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum