BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
Pakistan

Meeting held to review energy sector issues of Energy Department Balochistan

The meeting discussed various issues regarding the extension of lease of gas fields of Balochistan, rights and shar
Published February 20, 2020 Updated February 20, 2020 01:51pm
By
  • The meeting discussed various issues regarding the extension of lease of gas fields of Balochistan, rights and share of Government of Balochistan in the new and old oil and gas exploration business.
  • Adviser decided that the representatives from the Government of Balochistan and the relevant Federal Ministers should hold further meetings with representatives of the Law Division.

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday chaired the meeting to review various energy sector issues that were pending between the Federal Government and the Government of Balochistan for many years.

The Balochistan Government was represented by Secretary Energy Department Balochistan, Federal Government was represented by the Minister for Energy, the Adviser to the Prime Minister on Petroleum and there were other members from the Ministry of Inter- Provincial Coordination, said a press release.

The meeting discussed various issues regarding the extension of lease of gas fields of Balochistan, rights and share of Government of Balochistan in the new and old oil and gas exploration business.

The meeting also discussed the rationalization of gas tariff for the local population, gas allocation to power plants and the creation of training fund for Balochistan.

For creating a training fund, it was decided that the matter shall be resolved within a fortnight.

After discussion on the other issues, the Adviser decided that the representatives from the Government of Balochistan and the relevant Federal Ministers should hold further meetings with representatives of the Law Division among them for expert advice and firm up proposals with consensus that could benefit both the Federal and Provincial Governments without violating the spirit of the18th Constitutional Amendment and the interests of any private party involved in the business.

The groups are expected to hold meeting within a month’s time to firm up appropriate proposals for submission before the competent forum for final approval.

 

Comments

Comments are closed for this article.