Islamabad (Khyber Mail): The Chief Executive Officer of Gas and Oil Pakistan Limited (GO Petroleum) has written a formal letter to Prime Minister Shehbaz Sharif, expressing deep concerns over the performance of Masroor Khan, Chairman of the Oil and Gas Regulatory Authority (OGRA). The letter, dated April 14, 2025, accuses the chairman of ineffective leadership and failing to address key challenges confronting the petroleum sector.
According to the letter, despite several meetings and extensive discussions with industry stakeholders, no practical steps have been taken by Chairman Masroor Khan to resolve long-standing issues. The CEO warned that the ongoing instability in the oil and gas industry — a vital pillar of the national economy — is being exacerbated by a lack of decisive leadership at OGRA.
“The oil and gas sector needs proactive and visionary leadership to navigate complex regulatory and operational challenges. Unfortunately, OGRA’s current leadership has fallen short of its commitments, hindering industry progress and creating a climate of uncertainty,” the letter stated.
The CEO called upon the Prime Minister to personally intervene, review the performance of the OGRA chairman, and take immediate corrective measures to prevent further losses and improve industry working conditions.
This development comes amid growing frustration within the energy sector. In September 2024, the Oil Marketing Association of Pakistan (OMAP) had also sought the Prime Minister’s intervention over the unrecovered foreign exchange losses worth Rs. 26 billion, delays in regulatory reforms, and rising fuel smuggling that continues to hurt legitimate businesses.
Industry insiders now say the letter from GO Petroleum marks a critical point in the ongoing rift between regulators and energy companies. Calls for accountability and reform are gaining momentum, with stakeholders urging the government to take swift and meaningful action to stabilize the sector.