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Six new projects being executed in petroleum sector

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Islamabad

The Petroleum Division would carry out six new projects worth Rs1775.857 million during the current fiscal year 2021-22 to achieve self-sufficiency in the energy sector, streamline matters related to minerals’ regulatory framework and data compilation.

According to official documents, the government has allocated Rs40 million in the Public Sector Development Programme (PSDP 2021-22) for a new project, under which development of Strategic Underground Gas Storage (SUGS), hiring of consultancy services for bankable feasibility study and transaction advisory services (PC-II) would be carried out.—APP

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