ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet
has approved natural gas load management programme of winter under which
industrial sector will face three days gas load shedding.
The ECC met here on Friday with the Federal Minister for Finance and Economic Affairs in the chair.
It
approved Proposed Regulatory Changes in the Import and Export Policy
Order (STPF 2009-12), permission to import from India on one time basis,
debt relief to Uganda under Heavily Indebted Poor Countries (HIPC)
Initiative, waiver of competitive bidding requirement under PPRA rules
for Emergency Response and Social Administration Information System
(ER&SAIS) Project of NTC under MOU with ZTE Corporation of China,
rising Frequency of Incidents of Terror Strikes against persons Hailing
from various walks of life.Iran-Pakistan Gas Pipeline Project allocation
of imported gas to SSGC and SNGPL, resumption of POL supplies
ex-Faqirabad, Kotla Jam, Sahiwal and Shershah.Load Management during
Ramazan and Eid holidays- Supply of fuel to KESC, report on ECC decision
in respect of Import of Urea and renewal of GOP Guarantee of Rs.2000
million for Pakistan Steel Mills.
The Ministry of Commerce in
its summary moved to the ECC has maintained that the Prime Minister was
given a detailed briefing on the proposed amendments in the Import
Policy Order (IPO) and Export: Policy Order (EPO). The summary requested
for the approval of the expansion in the positive list of items
importable from India. The amendment in the list contained twelve items
which was approved.
The ECC constituted a committee comprising
Minister for Petroleum and Natural Resources Dr. Asim Hussain,
Secretary Cabinet, Secretary Finance, PSPM and Secretary Revenue to fine
tune the proposals contained in the summary moved by the Ministry of
Petroleum and Natural Resources for the finalization of the draft of the
Turkeministan-Afghanistan-Pakistan India pipeline project. The
Committee shall submit the report within shortest time before the
commencement of the visit of the President of Turkamanistan.
The
other Committee constituted by the ECC has been accredited to fine tune
the details of the proposals of the earlier Standing Committee of the
ECC by which Sui Southern Gas Company and SNGPL will supply the gas
imported from Iran to only efficient power plant and after entering into
back to back gas sales purchase agreement (GSPA with Power Plants).
The
earlier, two proposals contained in the Summary that the gas volume of
750 MMCFD imported from Iran to be allocated to SNGPL and SSGC with 65pc
and 35pc respectively were approved. Another Committee would look into
the two of the four proposals moved by the Ministry of the Interior for
the import of bullet proof vehicles. Online
