Islamabad
A report on the implementation of the federal cabinet’s decisions has revealed that the National Accountability Bureau (NAB) has been ‘creating hurdles’ in the implementation of some decisions of the federal cabinet.
The report detailed that the federal cabinet decided to hold talks with the LNG terminal companies in a meeting held in October of 2018.
According to a report in Express Tribune, the federal cabinet had recently proposed to reopen agreements with LNG companies, but Minister of Law Farogh Naseem had opposed the proposals. He was of the view that new investors would not be willing to invest if the agreements were reopened.
The federal cabinet in a recent meeting had proposed to reopen agreements with LNG companies. However, Minister of Law Farogh Naseem opposed the proposal, saying new investors will hesitate to invest if the agreements were reopened.
Recently, the Ministry of Petroleum informed the cabinet that Pakistan had signed agreements with different countries in the LNG sector, hence new agreements were not needed.
A report on the implementation of the federal cabinet’s decisions has revealed that the National Accountability Bureau (NAB) has been ‘creating hurdles’ in the implementation of some decisions of the federal cabinet.
The report detailed that the federal cabinet decided to hold talks with the LNG terminal companies in a meeting held in October of 2018.
However, the talks could not start as NAB is investigating an LNG terminal company and talks cannot be held while the inquiry is ongoing.
According to a report in Express Tribune, the federal cabinet had recently proposed to reopen agreements with LNG companies, but Minister of Law Farogh Naseem had opposed the proposals. He was of the view that new investors would not be willing to invest if the agreements were reopened.
The federal cabinet in a recent meeting had proposed to reopen agreements with LNG companies. However, Minister of Law Farogh Naseem opposed the proposal, saying new investors will hesitate to invest if the agreements were reopened.
The report also stated that the LNG terminals were fully functional, and any action could disturb the situation. Following a consultation, the federal cabinet decided that talks with LNG terminal companies should be postponed till the inquiries against them were completed.
Recently, the Ministry of Petroleum informed the cabinet that Pakistan had signed agreements with different countries in the LNG sector, hence new agreements were not needed.