OGRA directed to ensure compliance with data reporting requirements

The Cabinet Committee to Monitor Petrol Prices on Monday directed the Oil and Gas Regulatory Authority (OGRA) to ensure compliance with data reporting requirements, accelerate digitisation efforts across the supply chain, and maintain close coordination with the oil marketing companies (OMCs) and other relevant stakeholders to support seamless implementation of the system, the Finance Division said in a statement. The committee met under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, to review the petroleum supply situation and market conditions following the recent price adjustment. “The meeting focused on ensuring supply continuity, maintaining market discipline, and strengthening monitoring mechanisms across the supply chain,” the statement read.