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National
February 4, 2021
ISLAMABAD: The move by the Maritime Affairs Division (MAD) for creating a monopoly of two private LNG terminals, which are not yet visible on the ground, on the existing pipeline capacity has got scuttled as a sub-committee on the issue, headed by Asad Umar, has clearly opposed the move, saying the concessions proposed to the original terms of the provisional LoI (Letter of Intent) and project guidelines are meant to favoring the two companies, Tabeer and Energas that could leave other players in the market high and dry.
“The concessions granted by the Port Qasim Authority would benefit Energas and Tabeer and, therefore, it would dihonour the judgment of the Supreme Court, passed against the JJVL case,” unfolded the official documents, containing the analysis and conclusions of the seven-member subcommittee. The conclusions of the subcommittee would be presented in the next meeting of the Cabinet Committee on Energy (CCoE). The sub-committee, compris
Ministries seek time to remove hurdles in CPEC
Federal and provincial bureaucracy unable to meet expectations of political leadership
So far, 17 projects worth $13 billion have been completed while another 21 projects having estimated cost of $12 billion are under implementation. PHOTO: FILE
ISLAMABAD:
Foreign Minister Shah Mehmood Qureshi has termed the slow progress on China-Pakistan Economic Corridor (CPEC) against “national interest”, as the federal and provincial bureaucracy again fails to meet expectations of the political leadership.
Headed by Minister for Planning, Development and Special Initiatives Asad Umar, a meeting of the Cabinet Committee on CPEC (CCoCPEC) ended on Wednesday within minutes due to lack of progress on issues identified in last week’s meeting on CPEC, a senior government official told The Express Tribune.
Allocation of existing pipeline capacity
National
By Khalid Mustafa
ISLAMABAD: The move by the Maritime Affairs Division (MAD) for creating a monopoly of two private LNG terminals, which are not yet visible on the ground, on the existing pipeline capacity has got scuttled as a sub-committee on the issue, headed by Asad Umar, has clearly opposed the move, saying the concessions proposed to the original terms of the provisional LoI (Letter of Intent) and project guidelines are meant to favoring the two companies, Tabeer and Energas that could leave other players in the market high and dry.
“The concessions granted by the Port Qasim Authority would benefit Energas and Tabeer and, therefore, it would dihonour the judgment of the Supreme Court, passed against the JJVL case,” unfolded the official documents, containing the analysis and conclusions of the seven-member subcommittee. The conclusions of the subcommittee would be presented in the next meeting of the Cabinet Committee o
National
February 4, 2021
ISLAMABAD: The move by the Maritime Affairs Division (MAD) for creating a monopoly of two private LNG terminals, which are not yet visible on the ground, on the existing pipeline capacity has got scuttled as a sub-committee on the issue, headed by Asad Umar, has clearly opposed the move, saying the concessions proposed to the original terms of the provisional LoI (Letter of Intent) and project guidelines are meant to favoring the two companies, Tabeer and Energas that could leave other players in the market high and dry.
“The concessions granted by the Port Qasim Authority would benefit Energas and Tabeer and, therefore, it would dihonour the judgment of the Supreme Court, passed against the JJVL case,” unfolded the official documents, containing the analysis and conclusions of the seven-member subcommittee. The conclusions of the subcommittee would be presented in the next meeting of the Cabinet Committee on Energy (CCoE). The sub-committee, compris