Abb Takk News

ECC Allows To Relocate Resources For LPG Projects

Islamabad (April 12, 2018): The Economic Coordination Committee (ECC) of the Cabinet has allowed Sui Southern Gas company to reallocate 14.8 billion rupees from RLNG-II pipeline project to LPG air mix projects to ensure their expeditious completion and availability of gas to household and industry.

Its meeting was held in Islamabad on Thursday with Prime Minister Shahid Khaqan Abbasi in the chair.

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It also directed the company to expand setting up of air mix plants in every district.The meeting granted 4-years extension in Kandra Development and Production Lease.

The decision was taken in view of impediments hindering production of recoverable reserves from Kandra gas field and setting up of 120 MW power plant.

It constituted a committee to analyze impact and sustainability of the industrial subsidy package claims.The ECC approved one-time grant to Pakistan Machine Tool Factory for payment of dues to its retired employees.

A grant of 300 million was approved in the first installment.

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