HDIP, DGPC directed to submit restructuring plan within two weeks

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MG News | June 24, 2026 at 04:17 PM GMT+05:00

June 24, 2026 (MLN): The Hydrocarbon Development Institute of Pakistan (HDIP) and the Directorate General of Petroleum Concessions (DGPC) have been directed to submit a comprehensive restructuring plan within two weeks, aimed at strengthening governance, operational efficiency and the institute's strategic role in Pakistan's energy sector.

Federal Minister for Petroleum Ali Pervaiz Malik issued the directive during a visit to HDIP headquarters and laboratory facilities, where he reviewed the institute's operations, technical capabilities and testing services alongside HDIP management, said a press release issued.

The minister stressed that the restructuring exercise must prioritise filling key governance and leadership positions  including the Board of Governors and executive appointments to establish an accountable and effective governance framework.

He further directed HDIP to actively pursue cooperation with leading international institutions and laboratories to adopt global best practices and raise the credibility of Pakistan's hydrocarbon testing and certification systems.

Ali Pervaiz Malik also highlighted the need to strengthen Pakistan's hydrocarbon information base, noting that comprehensive and credible data is essential for informed policymaking and critical to attracting domestic and foreign investment into the energy sector.

The minister reaffirmed the government's commitment to reforming energy sector institutions to support investment, improve governance and enhance long-term energy security.

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