ECC to discuss oil marketing and dealers margin, diesel oil Euro-IV & V

The Economic Coordination Committee or ECC meeting has been scheduled to be held on August 29, 2017 where 10 points agenda would be placed at the meeting where nine would be discussed belonging to petroleum and gas sector.

According to the sources closed to the ministry of finance, the ECC meeting will be held in the cabinet room of the Prime Minister’s office on Tuesday.

The key issues to be discussed in the meeting would  be allocation of gas from Sofiya field, LPG air mix projects, LPG air mix projects, allowing sovereign guarantee for Sui Southern Gas, re-allocation of gas from existing fields, determination and notification of UCH-II gas price, allocation of gas from Makori Deep field, financing of 1.2 billion cubic feet per day capacity RLNG-111 pipeline project (Karachi to Lahore) to be undertaken by M/s SSGC and SNGP, marketing of diesel oil conforming to Euro –IV and Euro V specification under deregulation environment, review of oil marketing companies and dealers margins on petroleum products.

Moreover, ECC would also to approve wheat subsidy for Gilglt-Baltistan.