-align: justify;">ISLAMABAD, Nov 01 (APP):The Senate Standing Committee on Petroleum met on Friday under the chairmanship of Senator Umer Farooq and discussed critical issues related to oil and gas drilling, third-party sales, and local development initiatives.
-align: justify;">The committee received a detailed briefing on the drilling activities conducted by oil and gas companies over the past three years.
-align: justify;">Senator Umer Farooq raised concerns about the outcomes of wells that have not been drilled for the past six months.
-align: justify;">The Secretary of the Ministry of Energy, Petroleum Division, explained that although initial 2D and 3D surveys have been completed, maintaining a technical team and evaluating potential opportunities is a time-intensive process requiring careful deliberation.
-align: justify;">The committee chairman requested that comprehensive details on each oil and gas company and their achievements be presented at the next meeting.
-align: justify;">The discussion also covered the recommendations from the Petroleum Division regarding third-party sales in the Badin-IV South Block.
-align: justify;">Members noted that numerous items sold through third parties have caused national-level damage in Pakistan. Officials indicated that based on the second inquiry recommendations, a request to suspend activities in the Badin-IV South Block has been submitted.
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-align: justify;">Senator Farooq acknowledged the members’ concerns and suggested that a hearing date be communicated, allowing for a thorough discussion at the next meeting.
-align: justify;">The committee also addressed the development efforts in the village of Ghurzandi, Tehsil Lachi, by MOL Company through Corporate Social Responsibility (CSR) funds.
-align: justify;">The chairman emphasized the need for effective utilization of these funds, highlighting the prolonged nature of the issue.
-align: justify;">He pointed out discrepancies regarding the completion of a road previously mentioned to him, noting that it was reported as 2 kilometers when it was actually only 1 kilometer.
-align: justify;">The Additional Secretary of the Petroleum Division informed the committee that political alignment or consensus is essential for progressing these initiatives.
-align: justify;">In response to the local population’s suffering, the committee recommended appointing a notable authority in the area to expedite the resolution of these issues.
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