ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has imposed penalty of Rs 10.7 million over 12 oil marketing companies for overcharging.
According to OGRA officials, over-charging of 1 to 8 rupees was observed in the oil and diesel prices during the crisis while 75 petrol pumps of 12 companies charged extra money from the public during the same period.
12 companies involved in over-charging include Pakistan State Oil (PSO), Total Parco and Attock Petroleum, Hescol, Shell, Baiko, Bakri and others.
OGRA says that the answers of the show-cause notices submitted by the oil marketing companies were unsatisfactory and directed all the companies to pay their fines by August 27.
