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Pakistan, Russia to finish PGSP on time

Pakistan and Russia agreed to follow the timelines laid down to successfully implement the Pakistan Gas Stream Pipeline project. ....

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Power sector blamed for challenges faced by LNG supply chain - Newspaper

Senate panel criticises petroleum division for not taking timely decisions. ....

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PAC concerned at LNG purchase, high fertilizer cost

ISLAMABAD: The Public Accounts Committee has expressed reservations about non-transparent LNG purchase and high cost of fertiliser.A committee meeting held at the Parliament House Wednesday with. ....

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Petroleum division wants NAB reined in - Newspaper

• Bureau blamed for stifling govt officials’ initiative to take decisions
• Secretary says 200mmcfd capacity at LNG terminals remains unutilised
• Senators agree anti-graft watchdog damaging business environment
ISLAMABAD: Reporting the petroleum sector’s circular debt at about Rs1.2 trillion, the petroleum division on Wednesday said the National Accountability Bureau’s (NAB) “brutal act” was causing a heavy cost to the economy and needed to be reined in to let the country achieve its potential.
Petroleum Secretary Dr Arshad Mahmood, while testifying before the Senate Standing Committee on Petroleum, said NAB had dispossessed the government officials of the initiative to take decisions. ....

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