ISLAMABAD: As around a dozen existing licensees mostly remain non-operational, three new companies have applied for licences to sell natural gas following policy changes that allow greater private participation in the gas network.

The Oil and Gas Regulatory Authority (Ogra) has formally admitted applications from Blue Gas (Pvt) Ltd, Essen Gas Marketing & Distribution Ltd and Master Marketing Inte­rnational for licences to undertake the regulated activity of natural gas sales.

In their applications, the companies said they would use the pipeline networks of the two public-sector utilities — Sui Northern Gas Pipelines Ltd (SNGPL) and Sui Southern Gas Company Ltd (SSGCL) — to transport gas produced from local fields to consumers as permitted under the........

© Dawn Business