Business articles

OGDCL

OGDCL is not being privatized, insists State Minister Zubair Ummar

ISLAMABAD: State Minister for Privatization Muhammad Zubair Ummar on Friday clarified that the government was not privatizing Oil and Gas Development Company (OGDL). Addressing a press conference, Zubair said that there would be not change in the management of OGDCL and any party interesting to purchase stakes in the company would have not the liberty

Petrol

PM gives approval to up to Rs 14.93/litre cut in petroleum products’ prices

ISLAMABAD: Prime Minister of Pakistan Nawaz Sharif has approved Oil and Gas Regulatory Authority (Ogra) summary recommending dratic cut in petroleum products prices by up to Rs14.93 per liter , which will be effective from November 1, 2014. Ogra  sent a summary to Ministry of Petroleum and Natural Resources recommending cut in petroleum products’ prices ranging from Rs7.11

Major relief for masses: Up to Rs14.93/litre cut proposed in petroleum products prices |TheNewsTribe.com

Major relief for masses: Up to Rs14.93/litre cut proposed in petroleum products prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has recommended a reduction in prices of petroleum products by up to Rs14.93 per litre , which will be effective from November 1, 2014 if approved by the Ministry of Petroleum and Natural Resources.

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