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Minister for Petroleum & Natural Resources Dr Asim Hussain chaired a meeting on Draft Low BTU Gas Pricing Policy 2012, here in Islamabad on Thursday. Representatives of provisional governments including Sindh, Balochistan and KPK attended the meeting along with senior officers of the Ministry of Petroleum & Natural Resources.
Asim Hussain said that the federal government believes in equitable distribution of resources and top priority is accorded to providing relief to the consumers. He further said the Ministry of Petroleum & Natural Resources has always taken on board provinces for important policy formulation and keeping the same spirit alive, all the provinces are being consulted for providing valuable input on Low BTU Gas Pricing Policy as well as the National Petroleum and Mineral Policy.
The Minister further said that separate policies for utilisation of Flared Gas and Marginal Gases is being formulated that will be shared with the provinces. The proposal of establishment of refineries in Khyber Pakhtunkhwa province was also discussed and the provincial representative informed that three sites have been identified in the southern districts of KPK.-PR

Copyright Business Recorder, 2012

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