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Government approves Rs 36 billion to SNGPL for setting payables of PSO,PPL

admin-augaf by admin-augaf
June 13, 2022
in Business, Finance
Reading Time: 1 min read
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Government approves Rs 36 billion to SNGPL for setting payables of PSO,PPL

Government approves Rs 36 billion to SNGPL for setting payables of PSO,PPL

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Islamabad June 13 2022: Economic Coordination Committee (ECC) approved Rs. 36 billion in favor of Petroleum Division to maintain the sustainability of the LNG supply chain as well as import of petroleum products.

The allocated amount shall be released to SNGPL against its pending claims in respect of cost of RLNG diversion to domestic sector for setting off the payable of PSO and PPL against RLNG supply.

The meeting of the Economic Coordination Committee (ECC) of the Cabinet was chaired by Federal Minister for Finance and Revenue Mr. Miftah Ismail at Finance Division, today.

Minister of State for Finance and Revenue Dr. Aisha Ghous Pasha, Minister of State for Petroleum Division Mr. Musadik Masood Malik, Federal Secretaries, Chairman FBR, Chairman OGRA and senior officers attended the meeting.

Tags: SNGPL
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