ECC approves GSPA with Turkmenistan

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ECC approves GSPA with Turkmenistan

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The (ECC) has approved gas sale and purchase agreement (GSPA) with Turkmenistan.

12 April,2012 09:41 pm

Finance Minister Hafeef Shaikh is chairing the meeting of the Economic Coordination Committee (ECC) in Islamabad.According to the sources, the ECC has approved the gas sale and purchase agreement with Turkmenistan which would be signed next month.Meanwhile, the ECC has postponed a summary of Pakistan Petroleum Limited (PPL) regarding offshore exploration of oil and gas till next meeting. The committee has sought suggestions from State Bank of Pakistan (SBP) on the issue.