ISLAMABAD: Prime Minister Shehbaz Sharif has formed a committee, led by Deputy PM Ishaq Dar, to formulate proposals for an oil and gas exploration policy in Pakistan after consultations with stakeholders, Sharif’s office said on Saturday.
The development came after the prime minister’s meeting with a delegation of petroleum and gas exploration and production companies in Islamabad, wherein he said exploring domestic oil and gas reserves was his government’s priority.
He invited petroleum and gas exploration firms to search for offshore reserves, saying that production from local reserves would save the country’s valuable foreign exchange and result in availability of cheaper oil and gas to the masses.
“After consultation with the representatives of the sector, the committee will formulate proposals for creating an attractive policy for exploration and development of petroleum and gas reserves in the country,” Sharif’s office said in a statement.
On the occasion, petroleum and gas exploration and production companies announced that they would invest $5 billion in Pakistan over the next three years. During this period, 240 sites will be drilled in search of petroleum and gas, according to the statement. The prime minister directed authorities to address the problems facing the sector on a priority basis.
Pakistan, which has been struggling with a balance of payments crisis, record inflation and steep currency devaluation, lacks adequate resources to run its oil- and gas-powered plants and imports most of its energy needs.
Consequently, planned power cuts, also known as loadshedding, plague the South Asian country of 241 million every summer due to fuel shortages and high demand, varying in length in different areas.
In April, Sharif had asked authorities to speed up efforts for foreign investment in solar energy projects as well as to accelerate the process of privatization of power generation companies and auction of inefficient power houses.
PM forms committee to draft oil, gas exploration policy for energy-deficient Pakistan
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PM forms committee to draft oil, gas exploration policy for energy-deficient Pakistan
- Pakistan, embroiled in an economic crisis, lacks adequate resources to run its oil- and gas-powered plants and imports most of its energy needs
- Planned power cuts, also known as loadshedding, plague the South Asian country of 241 million every summer due to fuel shortages and high demand
Sindh assembly passes resolution rejecting move to separate Karachi
- Chief Minister Shah cites constitutional safeguards against altering provincial boundaries
- Calls to separate Karachi intensified amid governance concerns after a mall fire last month
ISLAMABAD: The provincial assembly of Pakistan’s southern Sindh province on Saturday passed a resolution rejecting any move to separate Karachi, declaring its territorial integrity “non-negotiable” amid political calls to carve the city out as a separate administrative unit.
The resolution comes after fresh demands by the Muttahida Qaumi Movement (MQM) and other voices to grant Karachi provincial or federal status following governance challenges highlighted by the deadly Gul Plaza fire earlier this year that killed 80 people.
Karachi, Pakistan’s largest and most densely populated city, is the country’s main commercial hub and contributes a significant share to the national economy.
Chief Minister Syed Murad Ali Shah tabled the resolution in the assembly, condemning what he described as “divisive statements” about breaking up Sindh or detaching Karachi.
“The province that played a foundational role in the creation of Pakistan cannot allow the fragmentation of its own historic homeland,” Shah told lawmakers, adding that any attempt to divide Sindh or separate Karachi was contrary to the constitution and democratic norms.
Citing Article 239 of Pakistan’s 1973 Constitution, which requires the consent of not less than two-thirds of a provincial assembly to alter provincial boundaries, Shah said any such move could not proceed without the assembly’s approval.
“If any such move is attempted, it is this Assembly — by a two-thirds majority — that will decide,” he said.
The resolution reaffirmed that Karachi would “forever remain” an integral part of Sindh and directed the provincial government to forward the motion to the president, prime minister and parliamentary leadership for record.
Shah said the resolution was not aimed at anyone but referred to the shifting stance of MQM in the debate while warning that opposing the resolution would amount to supporting the division of Sindh.
The party has been a major political force in Karachi with a significant vote bank in the city and has frequently criticized Shah’s provincial administration over its governance of Pakistan’s largest metropolis.
Taha Ahmed Khan, a senior MQM leader, acknowledged that his party had “presented its demand openly on television channels with clear and logical arguments” to separate Karachi from Sindh.
“It is a purely constitutional debate,” he told Arab News by phone. “We are aware that the Pakistan Peoples Party, which rules the province, holds a two-thirds majority and that a new province cannot be created at this stage. But that does not mean new provinces can never be formed.”
Calls to alter Karachi’s status have periodically surfaced amid longstanding complaints over governance, infrastructure and administrative control in the megacity, though no formal proposal to redraw provincial boundaries has been introduced at the federal level.
