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Under IMF radar: FBR declines $50m tax exemption for TAPI gas project

ISLAMABAD: The tax collecting agency of the country is evasive from including the Turkmenistan–Afghanistan–Pakistan–India gas pipeline project in the Foreign Investment Promotion.

Reko diqUnited statesTurkmen gas companyEnergy ministryUnited nationsInternational monetary fundPetroleum division onAsian development bankPetroleum divisionForeign investment promotionProtection actHost government agreementGas pipeline framework agreementJoint implementation plan

FBR turns down $50m tax exemption for TAPI gas project due to IMF conditions

To include, TAPI in FIPPA Act 2022, Petroleum Division sent draft summary to ECC in October last year

Reko diqInternational monetary fundEnergy ministryEconomic coordination committeeAsian development bankPetroleum division onTurkmen gas companyPetroleum divisionUnited nationsFederal boardForeign investment promotionProtection actHost government agreementGas pipeline framework agreementJoint implementation plan

TAPI prospects dim as approval of incentives put on ice

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has put approval of incentives for Turkmenistan.

International monetary fundJustice divisionLaw justice divisionEconomic coordination committeeMinistries of foreign affairsPipeline companyPetroleum divisionBureau revenueTurkmenistan afghanistan pakistan indiaFederal bureau revenueStand by arrangementPipeline projectInter governmental agreementGas pipeline framework agreementHost government agreementsCompany limited

TAPI prospects dim as approval of incentives put on ice

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has put approval of incentives for Turkmenistan.

Ministries of foreign affairsLaw justice divisionJustice divisionPetroleum divisionPipeline companyInternational monetary fundEconomic coordination committeeBureau revenueTurkmenistan afghanistan pakistan indiaFederal bureau revenueStand by arrangementPipeline projectInter governmental agreementGas pipeline framework agreementHost government agreementsCompany limited

SIFC wants to know if Aramco s interest in refinery project persists

ISLAMABAD: The Apex Committee (AC) of the Special Investment Facilitation Council (SIFC) has directed Pakistan’s.

Saudi arabiaReko diqA committeeThird party accessPakistan state oilGas regulatory authorityCabinet committee on energy ccoInvestment facilitation councilPetroleum divisionApex committeeFalcon oil refinery pvtGrace refinery limitedSpecial investment facilitation councilSaudi aramco refinery projectGreen fieldTons per annum

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