Summary on new gas priority order sent to ECC

ISLAMABAD: The Petroleum Division has submitted a summary to the Economic Coordination Committee on a new gas priority order for gas allocation for approval as desired by the IMF and SIFC. Now under the newly-proposed priority order, captive power plants (CPPs) have been declared last on the merit order list for gas allocation. “We have taken this decision to put the captive power plants at the end of priority order along with CNG stations in line with the Fund diktat,” sources said.

Earlier, the merit order for gas allocation for domestic and commercial use, including tandoors and industry, was a priority. Now in the new scenario, the priority for gas allocation to the captive power plants has been changed from third to fifth along with the CNG sector, which is last on the priority order list.