PM for comprehensive plan to end gas theft; deal with issues of oil, gas sector

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APP69-04 ISLAMABAD: September 04 - Prime Minister Imran Khan receiving a briefing from Petroleum Division at PM Office. APP

 

ISLAMABAD, Sep 4 (APP):Prime Minister Imran Khan 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 Rs. 50 billion to the national exchequer.
Chairing a briefing here at the Prime Minister Office, 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.
The meeting attended by Minister for Petroleum Ghulam Sarwar Khan, Additional Secretary
Incharge Petroleum Division Mian Asad Hayaud Din and senior government officers was briefed by
the Additional Secretary Incharge in detail, about the existing situation vis-à-vis demand and supply
in the oil and gas sector.
The Prime Minister 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.
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.