LAHORE: Ministry of Petroleum and Natural Resources has extended the tenure of Inter State Gas System (ISGS) Managing Director by two years
The tenure was extended vide notification no 2 (8)/2012-gas dates Nov 27, 2014, which is violation of the Supreme Court orders and against the prime minister’s policy of making transparent appointments on advertisement basis.
All public sector companies appointments are being made through open competitive recruitment pursuant to the apex court’s orders.
Mobin Saulat was appointed as MD ISGS during the previous political regime. He has been unable to conclude the transaction of any of the gas import projects since last several years despite tall claims, particularly the TAPI project, sources said.
The TAPI gas project concession agreement may get signed by 2017 at the earliest while the imports will not start prior the 2020 even though Saulat has been painting a rosy picture to the government in respect of early gas imports, they added.
