Oil Prices w.e.f. April, 2006 are being announced by OGRA
HSD prices are deregulated and being separately announced by OMC's
About
Us ::.
The Oil Companies Advisory
Committee (OCAC) was formed in the mid sixties
with the objective of having a forum of
the oil companies that could interact with
each other and the Government in matters
relating to the management of the oil business
within the country. Energy from various
sources is of great significance in any
country and oil/gas plays a very important
part therein. In Pakistan oil and gas combined
together provide over 80% of the country's
energy mix and therefore plays a very vital
role.
The present Charter of the Committee dates back to 1975. The members of OCAC currently comprise of the five refineries and nine oil marketing companies. New entrants both in the refining and marketing sector are also coming in the country and the number of member companies is likely to increase.