AGL 40.01 Decreased By ▼ -0.20 (-0.5%)
AIRLINK 127.00 Decreased By ▼ -0.64 (-0.5%)
BOP 6.69 Increased By ▲ 0.02 (0.3%)
CNERGY 4.51 Increased By ▲ 0.06 (1.35%)
DCL 8.64 Decreased By ▼ -0.09 (-1.03%)
DFML 41.04 Decreased By ▼ -0.12 (-0.29%)
DGKC 85.61 Decreased By ▼ -0.50 (-0.58%)
FCCL 33.11 Increased By ▲ 0.55 (1.69%)
FFBL 66.10 Increased By ▲ 1.72 (2.67%)
FFL 11.55 Decreased By ▼ -0.06 (-0.52%)
HUBC 111.11 Decreased By ▼ -1.35 (-1.2%)
HUMNL 14.82 Increased By ▲ 0.01 (0.07%)
KEL 5.17 Increased By ▲ 0.13 (2.58%)
KOSM 7.66 Increased By ▲ 0.30 (4.08%)
MLCF 40.21 Decreased By ▼ -0.12 (-0.3%)
NBP 60.51 Decreased By ▼ -0.57 (-0.93%)
OGDC 194.10 Decreased By ▼ -0.08 (-0.04%)
PAEL 26.72 Decreased By ▼ -0.19 (-0.71%)
PIBTL 7.37 Increased By ▲ 0.09 (1.24%)
PPL 153.79 Increased By ▲ 1.11 (0.73%)
PRL 26.21 Decreased By ▼ -0.01 (-0.04%)
PTC 17.18 Increased By ▲ 1.04 (6.44%)
SEARL 85.60 Decreased By ▼ -0.10 (-0.12%)
TELE 7.57 Decreased By ▼ -0.10 (-1.3%)
TOMCL 34.39 Decreased By ▼ -2.08 (-5.7%)
TPLP 8.82 Increased By ▲ 0.03 (0.34%)
TREET 16.82 Decreased By ▼ -0.02 (-0.12%)
TRG 62.55 Decreased By ▼ -0.19 (-0.3%)
UNITY 27.29 Decreased By ▼ -0.91 (-3.23%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 10,112 Increased By 26 (0.26%)
BR30 31,188 Increased By 17.5 (0.06%)
KSE100 94,996 Increased By 232 (0.24%)
KSE30 29,481 Increased By 71 (0.24%)

ISLAMABAD: Minister for Petroleum and Natural Resources, Senator Dr. Musadik Masood Malik is reportedly annoyed with top brass of his bureaucracy for not taking him on board on different policy decisions, well-informed sources told Business Recorder.

In a note to Secretary Petroleum, Momin Agha, Director to the Minister has conveyed that he has been directed to convey that during a preparatory meeting for DPM committee on E&P held on November 9, 2024, AS(P) informed the Minister that he had been going to higher forums/committees and briefing them about Ministry’s stance on the JJVL issue.

According to the Director to Minister, the Minister queried with concern as to why he was not informed and his approval sought before Ministry’s stance on the issue was shared at various forums.

“Minster further observed that he had requested a number of times that the report prepared by the SDPI on the JJVL may be shared with him, however the same was never shared with his office,” the Director said in his note, adding that the Minister has stated that this is a violation of Rules of Business and as such should be avoided in the future.

Minister further revealed that in the same meeting AS(P) noted that they had sought his approval on file for bidding of offshore blocks and that they have started the bidding process on old fiscal policy rather than the new one.

“Minister observed that he does not recall giving approval and upon perusal of record the same was validated as per the available file note record at the Minister’s office.

Minister has also conveyed that while the decision taken to revert to the old policy may have merit, approval of the Minister should have been sought. Minister has desired that the relevant file may be sent to his office,” said the Director in his note.

Copyright Business Recorder, 2024

Comments

200 characters