KARACHI: In a bid to end controversy over the LNG rate, the Oil and Gas Regulatory Authority (Ogra) is set to determine the consumer-end price of liquefied natural gas.
According to a senior Ogra official, the move will make it easier for state-run companies to import and sell LNG to industrial consumers who are desperate for fuel to run plants and machineries.
However, he did not share a timeframe but said the decision will not drag on to the next month. Ogra is not the final authority on consumer tariff, which is notified by the federal government.
