ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has decided to omit Mari Petroleum Company Limited (MPCL) from the privatisation list. The meeting, chaired by Federal Minister for Finance and Revenue Shaukat Tarin, discussed the proposal for divestment of the government of Pakistan’s shares in MPCL and decided to omit it from the privatisation list. The … Read more
ISLAMABAD: The board of directors of the Sui Northern Gas Pipelines Limited (SNGPL) has agreed to waive 66 per cent “Take or Pay” clause for the government-owned liquefied natural gas (LNG) plants, a senior government official said. “In the long run, this will help reduce the capacity payments that the government has to pay to … Read more
KARACHI: Gas prices in Pakistan may lead to an unsolvable quandary if the government did not address this issue on time, an official of the Employers Federation of Pakistan (EFP) said on Tuesday. EFP president Ismail Suttar in a statement said that the government has always favoured the average domestic majority over the industrial minority … Read more
