ISLAMABAD – Some officials in the Ministry of Petroleum and itssubsidiaries are trying their best to create hurdles for the North-SouthGas Pipeline project, says a report from a local news website.
These officials have raised unnecessary objections on TMK, a Russiancompany that has a good reputation throughout the world.
TMK is recognized as a high-standard company in countries like the UK andthe US. It is not banned or blacklisted anywhere in the world and iscurrently running a joint venture with Saudi Arabia’s largest oil companyAramco.
However, influential people in the power corridors are trying to replaceTMK with their favorite companies, all to get kickbacks.
The agreement for this project was signed between the governments ofPakistan and Russia, and the Russian government nominated TMK themselves.
As per our information, the Russian government has agreed to bear 100% ofthe cost of the project.
Read Top Stories
But, some officials in the ministry are determined to shelve the project byclaiming that the company is blacklisted in the US, hence, not authorizedto operate in Pakistan.
The management of TMK has categorically rejected the objections, terming itfalse and untrue.
The authorities and the management of the company are going to hold finaltalks to resolve the matter in December this year. Officials of theministry were not available to comment on this matter.
Via: *Tribunelink*
