HDIP, DGPC directed to submit restructuring plan within two weeks
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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