Centre, KP seek clarity on gas sale ‘in violation of rules’
ISLAMABAD: The Prime Minister Office (PMO) and the Khyber Pakhtunkhwa government have sought clarity from the Petroleum Division over the proposed sale of gas from a field in Kohat without bidding.
According to sources, the PMO had issued the directive on January 2 after media reports that a minority shareholder of the newly developed Razgir field had finalised the sale of gas to a third party through negotiations instead of open bidding.
The petroleum division had yet to respond to the PMO.
KP’s Directorate General of Petroleum Concessions (DGPC) has also reminded the division that it had the power to make a decision on such sales under the Petroleum Policy, 2012.
Minority shareholder proposes deal for sale to third party; other private partner complains of ‘being kept in dark’
The process adopted by the shareholder was against the decision made by the Council of Common Interests (CCI), DGPC Director Mian Nasim Javed said.
The CCI, which included chief ministers of all four provinces, envisaged a competitive process for the sale of gas to third parties and also stipulated that provincial rights under Article........
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