Senate Demands 20 Years of Oil and Gas Royalty Payment Records
Pakistan’s Senate Petroleum Committee has demanded 20 years of records detailing royalties paid by oil and gas exploration companies to … Read More The post Senate Demands 20 Years of Oil and Gas Royalty Payment Records appeared first on ProPakistani .
The Pakistan Senate Petroleum Committee has called for 20 years of records detailing royalties paid by oil and gas exploration companies to provincial governments, aiming to increase transparency and ensure communities in production areas receive their fair share. The committee, led by Senator Jam Saifullah Dharejo, has requested detailed payment records from the Petroleum Ministry and Sindh’s finance and energy departments, specifically questioning Oil & Gas Development Company Limited (OGDCL) for providing only 10 years of data and lacking production volume links.
Dharejo is also demanding annual production and royalty records since OGDCL's 1995 operations began, and questioning the company's exemption from production bonuses. The committee has further addressed issues such as local employment for oil and gas projects, gas pipeline construction, and LPG adulteration, receiving reports from the Directorate General of Petroleum Concessions and the Oil and Gas Regulatory Authority on these matters.
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