Finance Minister reviews gas sector restructuring roadmap in Islamabad
Federal Finance Minister Muhammad Aurangzeb chaired a high-level meeting in Islamabad on Monday to review the proposed restructuring and deregulation roadmap for Pakistan's gas sector.
Meeting attendees and international lessons
The gathering included federal ministers, privatisation advisers, energy officials, utility representatives, and a World Bank team. Participants emphasized learning from global experiences such as reforms in Turkiye and the United Kingdom to address local challenges.
Specific sectoral challenges discussed
Officials focused on resolving circular debt, cross-subsidies, unaccounted-for-gas losses, and supply-demand imbalances during the session. The group also reviewed key issues regarding operational performance and sustainable approaches to gas pricing.
Goals for market competition
The proposed reforms aim to establish a financially sustainable, efficient, and competitive gas market that supports businesses. This framework seeks to encourage private investment while protecting consumer welfare and ensuring security of supply.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Associated Press of Pakistan
- Dawn
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2 independent outlets. Headlines as published. Links open the original report.