ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has so far issued around 21 licenses to different companies pertaining to regulated gas sector since 2002.
The permits are meant for transmission and sale of gas to various entities in different parts of the country, the OGRA said in its annual report for the year 2016-17.
The authority granted diverse licenses to different companies including Sui Northern Gas Pipelines Limited, Sui Southern Gas Company Limited, Mari Petroleum Company Limited, Pakistan Petroleum Limited, Oil and Gas Development Company Limited, Fauji Fertilizer Company Limited, Engro Chemicals Pakistan Limited, Central Power Generation Company Limited, Fatima Fertilizer Company Limited, Foundation Power Company Limited, Star Power Company Limited, Star Power Generation Limited, Engro Fertilizer Limited, ETPL, Universal Gas Distribution Company, Gaseous Distribution Company and Fauji Oil Terminal and Distribution Company.
Giving the regulatory regime overview, the report said, the regulatory functions of natural gas sector were transferred to the OGRA on March 28, 2002 with the objective to break the public sector monopoly, open the natural gas transmission and distribution to private sector and promote competition in the midstream and downstream oil and gas sector.
Since then, the authority has been performing functions like grant of licenses for regulated gas sector, formulation of rules, regulations and procedures for the conduct of licencees, determination of revenue requirement petitions of SNGPL& SSGCL, monitoring and enforcement of rules, regulations and applicable licence conditions, resolution of disputes and complaints lodged by the consumers, pipeline capacity allocation, licensing of low pressure (flare) gas and for sale of re-gassified liquiefied natural gas.
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