ISLAMABAD - Oil and Gas Regulatory Authority (Ogra) has sent third-party access rules to the Cabinet Division for its notification in a bid to ensure transparent supply of LNG to overcome the worsening energy crisis in the country. Sources informed that these rules were furnished first time in the history to control the growing gas crisis, adding that with these rules, imported LNG will be utilized through the system of Sui Southern Gas Company Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC). These rules were formulated with a view to maintain transparency and also with the consultation of stakeholders. It was also learnt that in case of any conflicting situation, the issue will be settled with mutual consultation and if it not settled then it will be settled in accordance with the London Court of Justice or with the cooperation of Ogra. After notification, both utilities would publish their current capacity of transmission lines on their respective websites and the Ogra would decide tariff of LNG transportation. Both SNGPL and SSGC will invest $1.2 billion to lay transmission lines, sources added. These rules, which may be called Ogra Natural Gas Regulated Third Party Access Rules, 2011, shall come into force on the date of their publication in the Official Gazette. The rules have been proposed to ensure the third party access to the imported LNG to be injected in the distribution system of both utilities SNGPL and SSGC in a bid the meet the escalating demands of domestic as well as commercial consumers particularly power sector, sources privy to the development informed, adding that these rules would also ensure the smooth and continuous supply as well as utilisation of Re-gasified Liquefied Natural Gas (RLNG) by the end consumer. Sources further informed that grievances should be settled mutually as per the provision of access arrangement between the parties. However, in case of non-resolution of the grievance, the parties may appoint an arbitrator(s) for its resolution under the Arbitration Act 1940 as modified from time to time whose decision shall be final and binding on the parties, sources said. First time in the history of Pakistan, Ogra has introduced natural gas regulated third-party access rules, 2011, already presented to the stakeholders for comments and even after consultation the regulator has extended one more week for their final comments. According to these rules, it was proposed that gas accounting should be on daily basis both by the shipper and the transporters while gas reconciliation, billing, penalty and their settlement shall be addressed in accordance with the access arrangement between the parties. Either party may install check meters at requisite points with a precondition so as not to interfere with the measurement equipment installed by concerned entity for custody transfer purpose. "In order to secure continuous flow of gas in the system imbalances will be settled within two days between the connected system operators and the transporters as per inter-connection and operation arrangements," proposed rules say, adding, "Transporters shall be relieved of obligation under the access arrangements in the case of constraints for a reasonable period of time as mutually agreed between respective shippers and transporters. Transporters shall publish a standardised "connection agreement" as part of access arrangements for the requests for new exit point", rules read.