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Home Business

OGDCL reveals in PAC, Saudia giving crude oil to Pakistan, not refined

Daily Dateline Islamabad by Daily Dateline Islamabad
August 24, 2022
in Business
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OGDCL reveals in PAC, Saudia giving crude oil to Pakistan, not refined
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Commercial Reporter

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) officials unveiled the fact before the Public Accounts Committee (PAC) of the National Assembly (NA) that Saudi Arabia is not providing refined oil to Pakistan but only crude oil.
The PAC meeting was held on Wednesday here in Islamabad in which OGDCL officials including Secretary Petroleum and Pakistan State Oil (PSO) Managing Director (MD) appeared. PAC Chairman Noor Alam Khan presided over the meeting.
On some queries, the OGDCL official confirmed that the furnished product does not come from Saudi Arabia and Pakistan is getting only crude oil from the Islamic brother country.
The Petroleum secretary officials informed that the profit margin of petroleum dealers is Rs7 per litre and no subsidy is being given on petroleum products under the IMF programme.
To a query, the PSO managing director (MD) told the committee that his monthly salary after excluding tax is Rs3.2 million. On which PAC chairman said him that if he is angry about the salary question then he should resign and go as there are many qualified people in Pakistan willing to work for less salary than you.
Noor Alam Khan said to him that he is not satisfied with the answers regarding petroleum as the gas and petrol system is worse in the country but their salary and benefits are very high.
The PAC chairman also asked about the appointment of Ruhi Khan, the Chairperson of the Board of the Sui Northern Gas Pipelines Limited (SNGPL) and warned to charge salaries and other amounts of benefits if found irregularities in her appointment.
The PAC chairman ordered the gas authorities to install the meters for the people whose demand notices have already been issued.

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