PM ousts MDs of oil, gas companies

Pakistan

PM ousts MDs of oil, gas companies

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Prime Minister Gilani ordered that no new gas connection would be issued in the next six months.

18 April,2011 12:26 am

After a meeting with the Advisor on Petroleum and Natural Resources, Dr Asim Hussain, Prime Minister Yousaf Raza Gilani ordered immediately removal ofthe managing directors of all the oil and gas companies under the Ministry of Petroleum and Natural Resources. New board of directors for the companies would also be formed. The minister and the petroleum secretary will not be part of the board of directors. All the officials, who have attained 60 years of age in the Ministry of Petroleum and organisations under it, will retire with immediate effect.The Sui Northern Gas company in collaboration with the Sui Southern Gas company will form an LPG distribution company. It was also decided in the meeting that no new gas connection will be issued under any circumstances in the next six months. Earlier, Senator Dr Asim Hussain was appointed as the advisor to the prime minister on Petroleum and Natural Resources.