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What is the primary role of the Oil and Gas Regulatory Authority (OGRA)?

A) Exploration of oil and gas
B) Marketing of petroleum products
C) Regulating the midstream and downstream oil and gas sector
D) Operating oil refineries

Correct Answer: C) Regulating the midstream and downstream oil and gas sector

OGRA is responsible for regulating the midstream and downstream oil and gas sector in Pakistan. This includes granting licenses, determining prices of petroleum products, and ensuring a competitive environment.

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