ISLAMABAD: The price of Oil and Gas Development Company Limited (OGDCL) share has decreased by Rs40 to Rs50, owing to declining in crude oil prices globally.
This was stated by Privatisation Commission Chairman Mohammad Zubair, while talking to media. He said that sale of 10 per cent shares of the company would not affect the employees as the government had already allocated 1pc of shares for them.
It is pertinent to mention that the government is expecting to raise $700 million through selling of OGDCL shares, which had been delayed due to sit-ins.
