A public hearing was held by Oil & Gas Regulatory Authority (OGRA) in Peshawar regarding the grant of license to FWO for construction of oil pipeline from Machike to Tarujabba with an estimated project cost of $370 million. In a press statement issued by Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) here on Wednesday stated that FWO presented the project which will cater the growing fuel demands of KP.
The project will not only help to improve carbon emission and improve environment but will also uplift the economic condition of general public by creating thousands of job opportunity. Representative of FWO assured that the project will be completed in record two years time. Raziuddin, CEO KPOGCL intervened in the public hearing on the behalf of Government of Khyber Pakhtunkhwa. He said that the project will help to fulfill the strategic defense needs of Pakistan. The route proposed by FWO is economically viable and will reduce the burden on end consumers. He said that the project was proposed by ARL back in 2001 but couldn't get materialized because of various reasons. Razi also highlighted the project performance of ISGS who is also interested in getting license for the same project. He told the Authority that none of the mega pipeline projects ie Iran-Pak pipeline, TAPI, North-South Pipeline etc have been completed by ISGS. KP Govt fully supports the FWO proposed route and the project which will be a game changer for strategic needs of the country.