The Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar, presided over a meeting of the Cabinet’s Economic Coordination Committee (ECC) today. The meeting was attended by the Minister for Privatization and Inter-Provincial Coordination, Fawad Hasan Fawad, Minister for Interior, Commerce & Industries Mr. Gohar Ejaz, Minister for Energy and Petroleum Division, Mr. Mohammad Ali, Minister for Planning, Development and Special Initiatives Mr. Sami Saeed, Minister of Maritime Affairs, Communication and Railways Mr. Shahid Ashraf Tarar, Deputy Chairman Planning Commission Dr. Muhammad Jehanzaeb Khan, Advisor to PM on Finance Dr. Waqar Masood, Federal Secretaries, and other senior government officers of the relevant ministries.

The summary of the Petroleum Division regarding “Natural Gas Sale Pricing FY 2023-24 (Effective – 1st February 2024)” was deliberated upon at length. After discussion, ECC decided that the revision of the sale price/ tariff should be consistent with the revenue requirements of the Sui companies.