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Oil & Gas Company Registration in Pakistan

Pakistan is the ideal geographical location, with hundreds of gas companies. The government of Pakistan has stated the Power Sector as one of the top preferences for financing and is using all necessary measures to build a more conducive atmosphere you need a consultant that helps you to simplify the procedures and to promote potential investors. If you want to register your oil or gas companies then you need to know the procedure and for that, you need a consultant who helps you in this procedure. There are two sections of energy that provide 77.40% of the energy command of Pakistan. Pakistan has predicted oil stocks of 303.63 million containers, while its current production is 65,531 barrels per day. Many national and multinational oil and gas companies are working in Pakistan. If you also want to work in this sector, then you need a license, and for this, you need a consultant who guides you on how to register a gas company. The oil and gas companies is a substantial and diversified business; each activity describing to the industry requires a unique type of service and a consultant accordingly; the activities of gas companies range from the drilling of oil or gas well to the provision of food at rigs and well to know all these activities you need consultant because thousands of companies, directly and indirectly, relating to the oil and gas companies which are working in the country. Following are the procedure which you achieve with the help of consultant if you want to register your oil/gas companies.

Experience OF OIL/GAS COMPANIES:

The prospective company should have experienced personnel in oil or gas marketing from national and international oil/gas companies. Moreover, in technical collaboration, you need to have a consultant who helps and guides you about the pros and cons.

REQUIREMENTS FOR REGISTRATION:

If you want to register your oil/gas companies, then you need a consultant because there are two types of registrations which are associated with registration with SECP The first step is a registration of oil and gas companies with the Securities and Exchange Commission of Pakistan. Following are steps in which a consultant will help you and guide you.

Name Availability
Documentation
Deposit of Fee
Submission of Documents
Resubmission
Issue of Incorporation Certificate

Regulatory Requirements:

Depending upon the nature of your oil/gas companies your consultant help you to registered with Oil and Gas Regulatory Authority (OGRA)

LPG/ LNG Companies
Oil Marketing Companies
Oil Testing Companies

BANK DEFAULT/ CRIMINAL PROCEEDINGS:

If you want to register your oil and gas companies, then the prospective company shall submit an affidavit with the help of a consultant which confirms that: a) None of gas companies Sponsors/ Managers/ Relations of sponsors/ Executives is involved in any criminal case and bank/ credit and direct and indirect Federal taxes default. b) No claim is pending in National or international courts for the return of loans/ tax frauds etc. c) Your consultant will help you to complete all the rules and regulations prescribed by the CBR before the start of the commercial procedure. Bank default/ criminal proceedings shall apply to sponsors/ Directors and other persons by the relevant law. A consultant is the person who helps you to register your oil and gas companies. Make sure that your consultant should know about all the tax law of registration of oil and gas companies. And if you have any query you can also contact at https://spectrum-consultancy.com/

Pakistan is the ideal geographical location, with hundreds of gas companies. The government of Pakistan has stated the Power Sector as one of the top preferences for financing and is using all necessary measures to build a more