ECC approves allocation of 75pc gas from TAPI to SNGPL

Islamabad: The Economic Coordination Committee (ECC) has approved allocation of 75 per cent gas from Turkmenistan-Afghanistan-Pakistan-India (TAPI) to Sui Northern Gas Pipelines and 25pc to Southern Gas Company.

The approval was given during ECC’s meeting held in Islamabad on Saturday with Finance Minister Ishaq Dar in the chair.

The committee also approved grant of Rs84 million for payment of four month’s salaries to the employees of Printing Corporation of Pakistan.

The ECC also approved the proposal for allowing Attock Cement Pakistan 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 committee also approved import of RLNG LNG by fertilizer plants using SNGPL Network with prior permission of the Ministry.