ISLAMABAD, Pakistan: The Economic Coordination Committee (ECC) on Saturday approved allocation of 75 percent gas from Turkmenistan-Afghanistan-Pakistan-India (TAPI) to Sui Northern Gas Pipelines Limited (SNGPL) and 25 percent to Southern Gas Company Limited.
In its meeting held in Islamabad on Saturday with the Federal Finance Minister Ishaq Dar in the chair, the ECC also approved grant of Rs84 million for payment of four month’s salaries to the employees of the Printing Corporation of Pakistan.
It also approved the proposal for allowing Attock Cement Pakistan Limited (ACPL) to remit $24 million for establishment of Cement Grinding Unit in Basra, Iraq.
The ACPL intends to hire 50 percent of its labor force from outside Iraq and the venture will create employment opportunities for the Pakistanis.
The ECC also approved import of Re-gasified Liquefied Natural Gas (RLNG)/ Liquefied Natural Gas (LNG) by fertilizer plants using SNGPL Network with prior permission of the ministry.
