OGRA has issued a strong warning to oil companies and refineries in Pakistan. The warning says that companies may lose their licenses if they do not follow the rules related to fuel supply and production.
Big names like PSO, Attock Petroleum, and PARCO are among the companies that have been told to meet the promises they made during recent Product Review Meetings (PRMs). If they fail to do this such as by not keeping enough fuel in stock or missing their monthly targets for three months in a row OGRA may suspend their licenses.
OGRA emphasized that following these rules is very important. It helps make sure that Pakistan has a steady energy supply and does not have to rely too much on imported fuel. It also helps protect the country from financial losses caused by poor planning or supply problems.
This warning comes at a time when Pakistan’s energy sector is under pressure. The country is working hard to improve its energy management and avoid fuel shortages. OGRA wants companies to be responsible and stick to their commitments to help keep the system running smoothly.
The regulator has made it clear that there will be strict action if the rules are ignored. This includes taking away licenses, which could stop a company from doing business in the country. The message is clear: oil companies must do their part to help protect Pakistan’s energy future.
