Pakistan to import more gas from Iran – Pakistan oil and gas sector update

ISLAMABAD – It has been learnt from reliable sources that federal government of Pakistan has decided to negotiate with Iran to increase its natural gas imports for the running tax year. Currently, Pakistan is importing 750 million cubic meters of per day
and it was told by the OGDCL officials that the government has plans to import 1 billion cubic meters of gas per day to meet the requirements of Balochistan at Gwadar Port for industrial estates.

Baluchistan’s Chief Minister Nawab Mohammad Aslam Raisani reiterated its demand of 250 mmcfd gas allocation out of supplies under IP gas pipeline project to meet requirements of industrial estates at Gwadar in a meeting held with Secretary for Petroleum
and Natural Resources Muhammad Ejaz Chaudhry on Monday.

Sources revealed that Baluchistan required 250 mmcfd gas for industrial estates at Gwadar Port and therefore gas should be allocated under the IP gas pipeline project. When contacted, Secretary Petroleum Ijaz Chaudhry said that Iran had already expressed
its desire to provide 250 mmcfd of additional gas that could be used for industrial estates at Gwadar Port.

He maintained that the Ministry of Petroleum had already moved a summary to the Economic Coordination Committee (ECC) of the Cabinet in 2010 seeking approval for import of this enhanced volume.

‘I have asked the Baluchistan Chief Minister to work out pricing related to gas imported from Iran,’ IjazChaudhry said.

He also maintained that Baluchistan wanted to set up an energy company on the pattern of Oil and Gas Development Company Limited (OGDCL).

‘We have assured Baluchistan of help in setting up such a company to carry out oil and gas exploration projects,’ he added.

An energy expert said that the government should meet Balochistan’s demand to allocate gas under the IP pipeline project that would boost economic activities in Gwader. ‘The imported gas from Iran would not be sufficient to bridge the gas shortfall, so the
government should expedite local oil and gas exploration activities,’ he said adding that import of Liquefied Natural Gas (LNG) will also help overcome the energy crisis.

1 COMMENT

  1. WHY +200 CONTRACTUAL OFFICERS OF OGDCL (EMPLOYED SINCE 2002) ARE NOT BEING REGULARIZED, THEIR BASIC PAYS ARE NOT BEING FIXED AND THEIR PROMOTION CASES ARE NOT BEING INITIATED – A VERY WELL-PLANNED HIDDEN NEXUS TO DESTROY OGDCL…..!!!!!

    THE 1ST TIER OF DECISION OF OGDCL’S BOD STILL NOT IMPLEMENTED SINCE 2007: SHEAR VIOLATION BY OGDCL’S INTERNAL MANAGEMENT – MORE TIME BEING TAKEN JUST AS A DELAYING TACTIC
    “Fixation of Basic Salary” w.e.f. 01.01.2011 by Linking up in the Basic Pay of each individual applicable annual performance increments @11 to 15% from 2002-03 to 2010-11 and inserting the three market adjustments for year 2005 @35%, 2007 @35% and 2009 @15% accordingly to bring the compensation of each individual at the 50th Percentile of the Oil and Gas Exploration & Production Market as per the Minute # 892 – 89th Meeting of the Board of Directors held on October 25, 2007.

    THE 2nd TIER OF DECISION OF OGDCL’S BOD STILL NOT IMPLEMENTED SINCE 2007: SHEAR VIOLATION BY OGDCL’S INTERNAL MANAGEMENT – MORE TIME BEING TAKEN JUST AS A DELAYING TACTIC
    Since the promotion of the converted employees is due (w.e.f. 01.07.2011) as per the Promotion Policy of the OGDCL that clearly covers all the confirmed management staff members who are serving in the Company having five years in a particular grade entitled to be promoted in the higher grades and subsequently to the further next higher grade and so on, therefore these converted employees must be promoted w.e.f. 01.07.2011 keeping in view the fact that several positions in the next grades have been vacant since 2005 and are being filled gradually over the last five years with the regular employees.

    ORIGINAL DECISIONS / RATIONALE: There has been four ‘clear’ decisions of the OGDCL’s Board of Directors where the integration of contractual officers into regular employment has been firmed, those decisions are summarized as:
    a. Minute # 892: 89th Meeting of the OGDCL’s Board of Directors held on Thursday, October 25, 2007 approved in principle the contractual officers’ compensation (to bring Compensation Package at the 50th Percentile of the Market) and benefits by integrating them into the regular cadre.
    b. Minute # 916: 90th Meeting of the OGDCL’s Board of Directors held on Wednesday, January 23, 2008 Resolution was passed to authorize Chairman & CEO to implement the scheme of integrating contractual officers into the regular cadre on the base of merit for those who have demonstrated their capabilities in the contract tenure.
    c. The OGDCL’s Board of Directors in its 112th meeting held on December 30, 2009 had approved that its decision vide resolution No.892 and 916 passed in its 89th and 90thmeetings held on October 25, 2007 and January 23, 2008 respectively regarding integration of contractual officers into the regular employment of the Company be implemented in letter and spirit.
    d. The OGDCL’s Board of Directors further in its 115th meeting held on Wednesday, April 28, 2010 resolved that OGDCL management is authorized to absorb qualified professionals in their respective cadres but upto EG-V with five years of service in the company by following recruitment rules and criteria of regularization of contractual officers based on their merit and performance.

    These Contractual Officers are under dire stress in OGDCL due to the above noncompliances committed by the internal management (to stop penetration of competent professionals in the company as already +100 Contractual Officers have left OGDCL since 2006). Let’s only pray for the bright furue of OGDCL. (amen)

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