ISLAMABAD – The Economic Coordination Committee (ECC) of the cabinet isscheduled to meet here on Wednesday (March 27) to consider variousproposals related to petroleum, maritime affairs, revenue and powerdivisions.
The committee, scheduled to be chaired Minister for Finance, Revenue andEconomic Affairs, Asad Umar, would consider gas demand projections on bothshort and long term basis besides discussing arrangement of additional 200MMCFD of LNG from Qatar.
According to notification, the ECC would also be informed about the statusof progress on new LNG terminal by Maritime Affairs Division besidesconsidering proposals for supply of gas to Tall and surrounding areas ofDistrict Hangu.
Proposal for waiver of penal surcharge by revenue division is alsoscheduled to be considered by the committee, it added.The committee would also discuss an agenda of Commerce Division forestablishment of Independent Insurance Regulator.
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The ECC would also discuss the issue of authorizing Central PowerPurchasing Agency (CPPA) to sign the interim agreement regarding revisedpayments terms for generation on LNG by Altern Enrrgy Limited Kot AdduPower Company Limited and Public Sector GENCOs.
Extension of Interim Agreement signed with Fauji Kabirwala and Rousch PowerLimited expiring on June 30, 2018 would also come up to discussion of thecommittee.
