PID

PR No. 133 Islamabad: October 16, 2018

Finance Minister, Asad Umar chaired meeting of the Economic Coordination Committee of the Cabinet (ECC) here Tuesday. The ECC approved mechanism to ensure enhanced supply of domestic gas to the five zero rated sectors of the industry. It was decided that these sectors would be given priority in allocation of gas, at par with the power sector. These industries would be supplied RLNG during the three winter months when the gas demand of domestic sector would be at its peak. During the remaining months (March-November), these industries would be supplied domestic gas & RLNG on a 50:50 basis. The meeting was also given a briefing on the LNG terminals’ agreements signed during the previous government. The ECC decided that facts ascertained after discussion will be shared with the federal cabinet in its next meeting. ECC lauded provincial governments in KP and Punjab on presenting very prudent and forward looking budgets. ***** ?

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