Islamabad December 11 2021: Mr. Omar Ayub Khan, Federal Minister for Economic Affairs chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet in Islamabad, today.
The ECC after due deliberation approved the summary presented by the Ministry of Energy (Petroleum Division) for allocation of gas under commercial production from M/S United Energy Pakistan’s fields to SSGCL. M/S United Energy Pakistan will provide gas from Mitha and Bitro fields to SSGCL.
The price of gas will be as per the applicable Petroleum Policy to be decided by the concerned regulators. The ECC also deliberated in detailed on the summary presented by Ministry of Energy (Power Division) on mechanism for granting concessionary tariff to the eligible consumers of zero-rated industrial consumers of Lasbela Industrial Estate (LIEDA) and Sundar Industrial Estate (SIE) and for prospective industrial estates.
The Committee directed for installation of double meters at consumers of zero-rated industrial consumers of LIEDA and SIE for verification of reading by K.E. and LESCO and directed that subsidy claims may be processed on the basis of difference of readings.
The ECC Meeting was attended by Adviser to the PM on Finance & Revenue Mr. Shaukat Tarin, Minister for Industries & Production Makhdum Khusro Bakhtyar, Minister for Energy Mr. Hammad Azhar, Minister for Railways Mr. Muhammad Azam Khan Swati, Minister for Interior Sheikh Rashid Ahmed, respective federal secretaries and other senior government officers.
