The Oil and Gas Regulatory Authority has finally decided to end years long dispute with Sui Gas Companies.
OGRA also decided to end extended litigation with the Sui gas companies. This can permit them a maximum of their claims against the line losses face to face with the unaccounted-for gas standards of 2.6 percent.
The SSGC had made the claim for a maximum of 2.44 percent UFG losses. Whereas, OGRA had already permitted 1.5 percent from 2012-13 to 2016-17.
According to the press release issued by OGRA 0.87 percent was further permitted to the SSGC and now the variable allowance has been topped to 2.44 percent.
The financial impact of this should not be affecting on to the consumers.
Regarding the Sui Northern Gas Pipelines Ltd, OGRA claimed 3.29 percent for the exact same years against which it had been permitted 2.49 percent. Currently, only 0.11 percent was being provided to SNGPL.
OGRA said that this decision would be ending the steady trial in this matter and the dispute with Sui gas companies and OGRA would also be put to rest.
It also added that it would be up to the Sui firms to improve their performances and become sustainable in future as they could not expect to be bailed out by the federal government.
OGRA also said that the Sui gas companies need to control their UFG losses, which are not possible in any way without internal involvement.