Ban imposed on new gas connections by previous govt to be reconsidered: NA told

News Image

MG News | May 13, 2022 at 05:22 PM GMT+05:00

May 13, 2022: Minister for Energy (Petroleum Division) Musadiq Masood Malik on Friday informed National Assembly that the ban imposed on new gas connections by the previous government will be reconsidered by the federal cabinet.

During question hour, he said that it will be our effort to revive the gas schemes where possible keeping in view the availability of gas in the country.

The minister said that a project for supply of gas to various localities of district Abottabad including circle lower Galiyat was approved by the then federal cabinet in 2017 at an estimated cost of Rs 2845.633 million.

Responding to another question, he said that Rs.1946.682 million being SNGPL share and Rs 898.951 million being federal government share.

He said that the federal government has released SNGPL's assignment account in tranches but of which Rs 421 million could be utilized till June 30, 2018 in line with procedure for operation of the assignment account.

The balance, he said, of funds of Rs 477.951 million were lapsed and the same could not be validated neither by the Finance Division nor by planning division.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 171,725.29
261.56M
2.31%
3881.05
ALLSHR 103,214.49
498.64M
2.00%
2024.02
KSE30 51,517.14
135.33M
2.40%
1209.13
KMI30 246,565.71
111.44M
2.29%
5524.54
KMIALLSHR 67,042.77
274.55M
1.94%
1273.86
BKTi 47,299.71
43.26M
3.04%
1394.54
OGTi 36,341.37
10.64M
2.20%
783.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 73,340.00 74,650.00
72,465.00
-1565.00
-2.09%
BRENT CRUDE 93.00 98.20
92.60
-1.29
-1.37%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-7.95
-6.74%
ROTTERDAM COAL MONTHLY 112.85 0.00
0.00
-0.05
-0.04%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 88.21 92.52
87.11
-0.47
-0.53%
SUGAR #11 WORLD 13.93 14.21
13.86
-0.21
-1.49%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg