OGRA chief says there is billions of rupees gas theft in country

[Sugarcane]

ISLAMABAD, (SANA): Oil and Gas Regulatory Authority (OGRA) Chairman Saeed Ahmed Khan has said that there is billion of rupees gas theft in the country. He said gas companies have been directed to cover this loss with their profits instead of shifting it to the consumers.

Addressing a press conference here on Friday, OGRA chairman said the authority has asked for policy guideline from ministry of petroleum for fixing of CNG prices at the rate Rs 72.20 in region one and Rs 63.76 per kg in region two, but the guidelines so far have not been received from ministry of petroleum, adding that OGRA would again hold meetings with all stakeholders for resolving the issue of CNG prices.

He assured that the issue of CNG price would be resolved before December 17.

Saeed Ahmed Khan further said in the current year, gas theft is estimated at Rs16 billion. He said Sui Northern and Southern Companies requested for shifting this Rs16.50 billion loss to consumers which was rejected by the authority.

Saeed Ahmed Khan said that in the financial year 2010-11 gas theft was Rs 9.5 billion. He said that the OGRA would perform its duties in fixing the prices of the CNG.

OGRA chief says there is billions of rupees gas theft in country

 

[SamranAli]

so Mr. for what you are, solve it or resign from post, our politician steal gas, electercity but poor have to suffer.