ISLAMABAD: A gathering of the Economic Coordination Committee (ECC)of the Cabinet, chaired by Finance Advisor Abdul Hafeez Sheikh, licensed the supply of Regasified Liquefied Natural Gas (RLNG) for winter desires of dwelling and enterprise customers.
According to particulars, a gathering of the Economic Coordination Committee of the Cabinet was held beneath the chairmanship of Finance Advisor Abdul Hafeez Sheikh by which a three-point agenda was thought-about.
The ECC licensed SNGPL’s restoration of the earlier earnings shortfall and Sui Northern Gas Pipelines Limited (SNGPL)’s provision of RLNG for the winter desires of dwelling and enterprise purchasers.
A 3-member committee headed by the finance secretary was formed to debate the worth of wheat imported from Russia. 330,000 tonnes of wheat imported from Russia is likely to be distributed equally to TCP, Punjab, and KP.
The ECC moreover licensed the availability of eight MMCFD from Mangrio and 4 MMCFD of pure gasoline from Mithril Gas Field to Sui Southern whereas OGRA moreover issued licenses to new CNG stations on RLNG.
The establishment of the newest CNG stations was banned in 2007. New CNG stations must be licensed to run solely on imported LNG.
Earlier this month, the Economic Coordination Committee (ECC) had licensed the availability of gasoline for five export sectors, saying that from Saturday, October 20, on Saturday and Sunday, gasoline for the export sector will be lowered by 50 p.c and Rs 930 per MMBtu for the export sector by February.
Apart from native ovens, approval was moreover given to extending the worth of gasoline for enterprise customers, whereas the lease of gasoline meters has been elevated from Rs 20 to Rs 40.
According to the assertion, it was decided to collect the earlier dues of Gas Infrastructure Development Cess, one-third of the dues of GIDC is likely to be collected whereas approval was given to increase the ability within the gasoline adjustment plant by 0.32 paisa per unit.