Govt seeks overhaul of gas surcharge law to tackle defaults, circular debt
ISLAMABAD: The government is seeking comprehensive amendments to the decades-old Gas Development Surcharge (GDS) law to strengthen recovery from defaulting consumers, account for situations where gas is sold below cost and address regulatory gaps contributing to a gas-sector circular debt that has crossed Rs3.5 trillion. Petroleum Minister Ali Pervaiz Malik is scheduled to introduce in the…
We haven't written up this one. Dawn has the full story — the link below goes straight to it.
