PM directs to address governance issues in energy sector

PM directs to address governance issues in energy sector

Prime Minister Imran Khan has underscored the need for improved coordination among the relevant departments and addressing governance issues in the energy sector.

Presiding over a meeting of Cabinet Committee on Energy in Islamabad, he emphasized the need for timely and accurate estimations about demand and supply in the energy sector to avoid any interruption in energy supply.

The Prime Minister also directed to finalize the policy on renewable energy by the end of January next.

He directed that a detailed plan, in consultation with refineries, regarding up gradation of existing facilities and export of surplus furnace oil should be worked out on priority.

The meeting decided to immediately notify ban on any further import of furnace oil.

It further decided that a detailed plan would be worked out to ensure optimal utilization of Refined Liquefied Natural Gas (RLNG) terminals.

It was also decided that the Economic Coordination Committee will be briefed, in its next meeting, about the availability of urea stocks in the country and its pricing.

During the meeting, the Prime Minister was briefed about gas management plans of Sui Northern Gas Pipelines Limited and Sui Southern Gas Company for the winter season.

The Prime Minister was also given a detailed briefing about demand and supply situation in the power sector, the projections of petroleum and power division for the next six months, availability and utilization of indigenous as well as imported gas and way forward towards addressing various issues related to the energy sector.