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Oil and Gas companies operating in different parts of the country have deposited around $2.544 million under the social welfare fund during the last three years. "Exploration and Production (E&P) companies are required to deposit social welfare fund in the joint account with Deputy Commissioners, maintained in concerned districts," official sources in the Ministry of Petroleum and Natural Resources said on Saturday.
They said around $2.544 million had been collected in last three years, which were judiciously utilized for well being of the local residing in oil and gas producing districts.
Answering a question, the sources informed that currently the Ministry of Petroleum and Natural Resources was revising social welfare guidelines for carrying out the development schemes in oil and gas producing Tehsils and Districts across the country. Under the new strategy parliamentarians were being given important role in identification and execution of social welfare schemes of oil and gas E&P companies operating in their respective constituencies. "Under the revised guidelines, social welfare schemes will be based on the requirement of areas and identified by concerned MNAs of districts in consultation with representatives of local bodies or local administration," they said.
Facilities like health, education, water supply, improved drainage and sewerage system would be the key features of welfare projects, they said and added that practice of cash donations to patients would be discouraged to end reported complaints of malpractice.

Copyright News Network International, 2016

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