ISLAMABAD: Prime Minister Imran Khan on Tuesday directed the Petroleum Division to chalk out a comprehensive plan for checking gas theft which was causing a loss of Rs. 50 billion to the national exchequer annually.
The prime minister was chairing a briefing at Prime Minister’s Office. Minister for Petroleum Ghulam Sarwar Khan, Additional Secretary Incharge Petroleum Division Mian Asad Hayauddin and senior government officers were present during the meeting.
The additional secretary gave a detailed briefing to the prime minister about the existing situation regarding demand and supply in the oil and gas sector.
The prime minister was also apprised about the progress into construction and operationalization of TAPI and Pak-Iran gas pipeline along with other significant projects which were in the pipeline to meet growing energy needs of the country.
The secretary also highlighted various issues including the issue of rationalisation of gas sale prices, recovery of receivables, non-implementation and frequent altering of the policies resulting in decline of investor confidence, and not awarding new exploration blocks during the last five years.
The prime minister directed that a comprehensive plan of action with delineated timelines should be submitted at the earliest to address various issues of the oil and gas sector.
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