PM Imran seeks comprehensive plan to end gas theft
Last updated on: 04 September,2018 05:58 pm
He was also apprised about the progress on TAPI and Pak-Iran gas pipelines
ISLAMABAD (Dunya News) – Prime Minister Imran Khan on Tuesday directed the Petroleum Division to submit a comprehensive plan to put an end to gas theft in the country, causing a whooping annual loss of Rs50 billion to the national exchequer.
The meeting attended by Minister for Petroleum Ghulam Sarwar Khan, Additional Secretary Incharge Petroleum Division Mian Asad Hayaud Din and senior government officers.
The Additional Secretary Incharge brief the meeting in detail, about the existing situation vis-à-vis demand and supply in the oil and gas sector.
Speaking on the occasion, Prime Minister Imran Khan sought a comprehensive plan of action with delineated time-lines to be submitted at the earliest to address the issues pertaining to the oil and gas sector.
He was also apprised about the progress on construction and operationalization of the Turkmenistan, Afghanistan, Pakistan and India (TAPI) and Pakistan-Iran gas pipelines along with other ongoing major projects to meet the growing energy needs of the country.
On the occasion, the Secretary also highlighted various issues including rationalization of gas sale prices, recovery of receivables, non implementation and frequent altering of policies that lead to erosion of investors’ confidence and non-awarding of exploration blocks over the past five years.