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Senate Panel Orders OMC Profit Data and Probes Private Gas Allocations

The committee has demanded two years of profit figures from oil marketers, asked Sui Southern Gas Company for detailed records on JJVL gas supplies, and set follow-up briefings to test pricing fairness.

Overview

  • The Senate Standing Committee directed the Petroleum Division to submit two years of profit details for oil marketing companies so lawmakers can assess whether retail petrol pricing reflects company margins.
  • Officials told the panel that OGRA moved from monthly to daily price analysis because of the Iran–Israel war’s market effects, but recent consignments and stock levels produced only minimal retail cuts.
  • The committee ordered Sui Southern Gas Company to provide agreements, quantities supplied, dues and operational status for Jamshoro Joint Venture Ltd. to determine why a private firm is getting gas while the public Jamshoro Power Plant faces shortages.
  • Employees of Inter Gas System (Private) Limited reported that 15 regular staff were abruptly terminated; the panel asked the company for its appointment and termination criteria and a full list of affected workers for a follow-up hearing.
  • Lawmakers flagged local infrastructure delays in Qila Mubarik Town where Rs5 million was allocated but the contractor now seeks Rs11.5 million, and they deferred complex items such as PPL’s headquarters relocation and a detailed JJVL ownership review for later sessions.