Provinces to Receive Oil & Gas Profit
A Senate committee has given the federal government two weeks to propose a mechanism for sharing oil and gas profits … Read More The post Provinces to Receive Oil & Gas Profit appeared first on ProPakistani .
A Senate committee has issued a two-week deadline for the federal government to propose a system for distributing oil and gas profits among provinces. The committee urged the government to either transfer half of the oil and gas fields to provinces, or at least share the profits generated from them, in compliance with Article 172(3) of the Constitution.
If the government fails to provide an acceptable mechanism, disciplinary action may be taken against the Petroleum Division. The committee also expressed concerns over the implementation of provincial quotas in federal employment and the distribution of rights and benefits stemming from oil and gas resources. The committee's chairperson emphasized the necessity of full implementation of the 18th Amendment due to ongoing insurgency in Balochistan.
While Establishment Division Secretary Nabeel Awan backed the committee's stance, he stated there was no quota system for promotions. Committee members disagreed with Awan's position.
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