OGRA Meets State Bank on Enhancement of Credit Limit to The Oil Industry

Mr. Reza Baqir confirmed that oil industry credit lines have been revisited by allowing oil industry to meet the import petroleum products in the country.

The Oil and Gas Regulatory Authority (OGRA) Chairman-Mr. Masroor Khan, and Member (Oil)-Mr. Zain-ul-Abideen Qureshi met with the State Bank of Pakistan, Governor-Mr. Reza Baqir and Deputy Governor and his team.

The matters pertaining to the enhancement of credit limits to the oil industry were discussed. Mr. Reza Baqir, Governor, confirmed that oil industry credit lines have been revisited by allowing the oil industry to meet the import of petroleum products in the country.

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OGRA management appreciated the cooperation of the State Bank of Pakistan declared it a good step towards the facilitation of the oil industry.

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