Petroleum Division directed to expedite work on regulatory framework


Islamabad, Feb. 14 (TNS): Cabinet Committee on Privatization (CCoP) has directed the Petroleum Division to expedite work on regulatory framework for creation of competitive marketplace for gas sector.

The Committee which met with Finance Minister Asad Umar in the chair in Islamabad also directed Commerce Division to fast track study/evaluation regarding Insurance and Reinsurance sector along with the need for Regulatory Framework improvement.

The Committee was informed that 15 Public Sector Entities including PIA have been delisted from the Privatization Programme.