The Oil and Gas Regulatory Authority (OGRA) informed on Wednesday that it would be ending the years’ long dispute and the unrequired extended litigation with the Sui gas companies, hence permitting them a maximum of their claims against the line losses face to face with the unaccounted-for gas (UFG) standards of 2.6pc.
The SSGC had made the claim for a maximum of 2.44pc UFG losses while OGRA had already permitted 1.5pc in the financial year 2012-13 to financial year 2016-17.
As per a press release issued by OGRA 0.87pc was further permitted to the SSGC and now the variable allowance has been topped to 2.44pc.
The financial impact of this should not be affecting on to the consumers.
Regarding the Sui Northern Gas Pipelines Ltd (SNGPL), OGRA said that it has claimed 3.29pc for the exact same years against which it had been permitted 2.49pc and now just 0.11pc was being provided to SNGPL.
OGRA said that this decision would be ending the steady trial in this matter and the friction between the Sui firms 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 firms need to control their UFG losses, which are not possible in any way without internal involvement.