CCoE Pursues Comments On LPG Supply Chain Policy

Under the leadership of the Federal Minister for Planning, Development and Specific Initiatives, Asad Umar, a Cabinet Committee on Energy (CCoE) meeting was conducted.

To offer suggestions for a sustainable LGP supply chain, the Petroleum Division delivered the final report of the committee composed by the CCoE under the Deputy President of the Planning Commission.

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Before the conclusion of the proposals, the CCoE was told that thorough discussions were held with all stakeholders. The committee's work under the Deputy President of the Planning Commission was also commended. Furthermore, it notifies the Petroleum Division that, in order to take the final decision on policy, all ministries/divisions must submit their views within two weeks.

The President of the CCoE emphasised that a competitive market should be the objective of the policy. He also requested the Oil Division to evaluate the projected results of the policy suggestions.

The PED updated the CCoE on the North/South Gas Pipeline Project, now known as the Gas Pipeline Project for Pakistan Stream (PSGP). The CCoE has observed its progress and has instructed the Oil Division to speed up efforts to ensure the project is carried out in accordance with the time frame set.

In the case of the dry docking of the FSRU at the Engro Elengy Terminal, the CCoE also accepted the request of the Petroleum Division for gas reduction. The CCoE noted that in accordance with ECC decisions which should be followed to the recommendations in this respect are currently accessible.

The ministers of Energy, Maritime Affairs, Railways, Interiors, Science and Technology, the Prime Minister's special assistant to energy, petroleum and income, and the PM's Trade and Investment Adviser attended the meeting. It was also attended by members of the regulatory bodies and provincial officials.

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