BR100 Increased By (0.36%)
BR30 Decreased By (-0.13%)
KSE100 Increased By (0.22%)
KSE30 Increased By (0.37%)
AGHA 6.68 Increased By ▲ 0.01 (0.15%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.32 Increased By ▲ 0.88 (1.56%)
BOP 30.35 Increased By ▲ 0.01 (0.03%)
CNERGY 13.12 Increased By ▲ 0.03 (0.23%)
CSIL 5.41 Increased By ▲ 0.05 (0.93%)
FCCL 52.79 Increased By ▲ 0.41 (0.78%)
FFL 14.72 Decreased By ▼ -0.02 (-0.14%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.09 No Change ▼ 0.00 (0%)
KOSM 5.73 Increased By ▲ 0.77 (15.52%)
LOTCHEM 26.46 Decreased By ▼ -0.89 (-3.25%)
MLCF 93.16 Increased By ▲ 0.41 (0.44%)
NBP 164.66 Decreased By ▼ -0.32 (-0.19%)
NCPL 55.66 Increased By ▲ 0.02 (0.04%)
NPL 61.16 Decreased By ▼ -0.10 (-0.16%)
OGDC 316.73 Decreased By ▼ -1.03 (-0.32%)
PACE 9.87 Decreased By ▼ -0.06 (-0.6%)
PAEL 35.63 Increased By ▲ 0.13 (0.37%)
PIBTL 14.68 Increased By ▲ 0.11 (0.75%)
PPL 226.91 Decreased By ▼ -0.88 (-0.39%)
PRL 93.02 Increased By ▲ 0.45 (0.49%)
PTC 60.26 Decreased By ▼ -0.37 (-0.61%)
SSGC 23.81 Increased By ▲ 0.01 (0.04%)
TBL 8.75 Increased By ▲ 0.07 (0.81%)
TELE 7.80 Increased By ▲ 0.02 (0.26%)
TPL 22.35 Increased By ▲ 0.12 (0.54%)
TPLP 12.97 Increased By ▲ 0.30 (2.37%)
TREET 22.16 Decreased By ▼ -0.38 (-1.69%)
TRG 56.56 Decreased By ▼ -1.24 (-2.15%)

ISLAMABAD: A parliamentary panel on Friday considered, “Pakistan Petroleum Upstream Regulatory Authority Bill, 2022”. However, the bill was deferred for further deliberations after having inputs from the stakeholders and especially the Provincial Energy Departments.

A meeting of the National Assembly’s Standing Committee on Energy (Petroleum Division) was held under the chairmanship of Dr Imran Khattak here at the Parliament House.

The committee was briefed about Weighted Average Cost of Gas (WACOG).

As per the briefing, the WACOG model is meant for uniformity of pricing mechanism across the country.

It will meet the deficiency in the OGRA law to determine consumer price of imported LNG.

The federal secretary, Petroleum Division apprised the committee that eight employees from the SSGCL were terminated from service on administrative grounds to establish good governance and writ of the management.

However, the committee expressed its displeasure for removal of employees and sought report from the SSGCL to be presented in the next meeting.

It was further informed that the SSGCL has nominated an officer of the rank of SGM as focal person to deal with the issues of MNAs regarding shortage of gas in their constituencies.

Implementation status of the order passed by the Islamabad High Court (IHC) regarding promotion of employees in the OGDCL was also discussed during the meeting.

The committee directed the OGDCL authorities to implement the recommendations/decisions of the Special Committee headed by the Defence Minister, Pervez Khattak.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.