Ogra Seeks Input on Dollarized Returns for Pak-Azerbaijan Oil Pipeline Project

Pakistan's Oil and Gas Regulatory Authority (Ogra) is seeking public input on dollarized returns for the $432 million Pak-Azerbaijan oil pipeline project, which includes SOCAR, FWO, and PSO. A public hearing is scheduled for March 2 to discuss payback and transport-cost impacts, following earlier objections from ministries to dollar-based returns despite the ECC clearing the project at $300 million.

23 Feb, 02:25 — 23 Feb, 02:25

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Ogra seeks input on dollarised return for oil project

• $432m Pak-Azerbaijan pipeline to include SOCAR, FWO and PSO • Public hearing set for March 2 on payback, transport-cost impact • ECC earlier cleared project at $300m; ministries objected to dollar-based returns ISLAMABAD: Amid alerts already raised by two key federal ministries, the Oil and Gas Regulatory Authority (Ogra) has invited expert and public opinion on a rather quick and upfront four-year payback period for a $432 million government-to-government investment between state-owned e...

By none@none.com (Khaleeq Kiani)

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Ogra Seeks Input on Dollarized Returns for Pak-Azerbaijan Oil Pipeline Project

Read at source (1 outlet)

Ogra seeks input on dollarised return for oil project

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