OGRA extends Clover Pakistan’s Licence till 2036

The Oil & Gas Regulatory Authority (OGRA) has granted a 15-year extension to the lubricant marketing licence of Clover Pakistan Limited, allowing the company to continue operations until September 26, 2036.

The information was disseminated through the company’s filing on the Pakistan Stock Exchange (PSX).

According to OGRA’s letter, the extension applies to Licence No. OGRA-Oil-19-2-2(233)/2018, originally issued on September 27, 2018, and is effective retrospectively from September 27, 2021.

Under the approved terms, the company is permitted to import finished lubricants of approved Government of Pakistan (GoP) specifications and to procure locally manufactured finished lubricants from licensed blending and grease plants for sale through its distributor network in sealed packaging.

However, any imported base oil may only be sold to licensed lubricant blending and grease plants and is prohibited from open-market sale.

OGRA has also directed the company to strictly comply with all applicable laws, including the OGRA Ordinance, 2002, and Pakistan Oil Rules, 2016.

Each imported lubricant consignment must carry a quality clearance certificate from the Hydrocarbon Development Institute of Pakistan (HDIP) or another OGRA-approved third-party inspector prior to customs clearance.

The authority also reserves the right to conduct random quality checks at distributors from time to time.

Additionally, lubricant packaging must clearly display details such as SAE grade, API level, percentage of virgin base oil, batch number, manufacturer name, origin, and retail price.

Any deviation from GoP specifications may result in penalties, while submission of forged or false information could lead to cancellation or suspension of the licence.

OGRA further clarified that all other terms and conditions of the original licence dated September 27, 2018, will remain unchanged.