ISLAMABAD: The federal government has appointed the third member finance for the Oil and Gas Regulatory Authority (Ogra), completing its quorum after almost two years.
Due to delay in appointment of the official, the two gas utilities could not to validate their annual accounts for over two years, which is must under the Securities and Exchange Commission of Pakistan laws.
Noorul Haque has been officially appointed member finance in Ogra. The four member Ogra is required to take regulatory decisions with a minimum strength of three members. Haque was working as Senior Executive Director (SED) Finance and Accounts at Ogra before being elevated to the slot of Member (Finance). He has over 30 years of experience in accounting and finance, according to Ogra spokesman.
Haque served GIK Institute of Engineering Science and Technology for almost ten years before joining the Ogra in 2003.
