Skip to main content

ECC to mull over sale price of natural gas today

ECC, gas sale price, hafeez sheikh,

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet will discuss six-point agenda in its meeting on Wednesday, ARY News reported.

The ECC meeting chaired by Adviser to the Prime Minister on Finance Abdul Hafeez Shaikh will likely to discuss the sale price of the natural gas.

According to sources, a summary of the OGRA on sale price of the natural gas will come under consideration in the meeting today.

The ECC will consider over the Oil and Gas Regulatory Authority (OGRA) recommendations with regard to the sale price of natural gas to the gas companies.

The meeting will also consider over cut in commission charges of the Trading Corporation of Pakistan (TCP) over the import of wheat and sugar, sources said.

The ECC session will also mull over converting the National Highway Authority (NHA) loans into government grants, according to sources.

A summary about Rs. 80 billion credit facility to the Power Division would likely to be discussed in the ECC meeting, sources said.

The post ECC to mull over sale price of natural gas today appeared first on ARY NEWS.

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Opposition failed massively in their endeavors against govt: CM Punjab

LAHORE: Chief Minister of Punjab Sardar Usman Ahmad Buzdar today (Monday) said that the opposition may never develop trust amongst each other, ARY News reported. The Chief Minister went on to claim that the opposition’s union was unnatural and would not last long. “Those who were trying to create anarchy are in fact facing anarchy within their ranks,” said Buzdar. Buzdar also claimed that the All Parties Conference (APC) proved to be a massive failure and had desecrated whatever credibility the opposition had. Speaking about the Punjab government, Buzdar opined that the government was squarely focused on human development. Read More: CM Buzdar deploys Dolphin force in Murree for tourists’ security He stated: “The Punjab government is not working for personal pomp and show projects which are done for the sake of optics, rather focusing on raising the standards of living and empowering the common man.” Earlier, Chief Minister of Punjab, Sardar Usman Ahmed Khan Buzdar addressing t...
Post a Comment
Read more

TikTok owner’s H1 revenue better than expected

BEIJING/HONG KONG: China’s ByteDance, owner of the video-sharing app TikTok and one of the world’s most valuable unicorns, booked revenue of 50-60 billion yuan ($7 billion to $8.4 billion) in a better-than-expected result for the first half, people familiar with the matter told Reuters. ByteDance, which was loss-making in the first-half, also posted a profit in June and was confident of making a profit in the second half of the year, one of the people said, declining to be identified as the company has not made a public announcement. Robust growth has led the Beijing-based startup to revise its revenue target for 2019 to 120 billion yuan from an earlier goal set late last year of 100 billion yuan, a second person said. Earnings figures for last year were not immediately available. According to online tech news outlet The Information, ByteDance revenue for the whole of 2018 was $7.2 billion. ByteDance declined to comment. The seven-year-old startup, which separate sources have sai...
Post a Comment
Read more

Qatar to hike minimum wage ‘by end of year’

DOHA: Qatar could increase the minimum wage for migrant workers by the end of 2018, unions predicted on Monday, as the 2022 World Cup host seeks to push through labour reforms. It would be the first change to the monthly wage since its introduction by the gas-rich Gulf state last November. “By the end of the year we expect a new minimum wage to be set, that’s good news,” said Sharan Burrow, general secretary of the International Trade Union Confederation. Burrow did not name a figure but said the new wage would be calculated by assessing a “basket of goods”. She was speaking after meeting Qatar’s labour minister, Issa al-Jufali al-Nuaimi, and other government officials in Doha over the past two days. The minimum wage was set at 750 riyals a month ($206, 170 euro) on its introduction. In addition to the salary, labourers receive free accommodation, food and healthcare plans, covered by employers. The 750-riyal figure has been criticised as too low. “We believe it is not good e...
Post a Comment
Read more