Pakistan to tap foreign experts to head oil, gas firms
April 18th, 2011 - 1:46 pm ICT by IANS
Karachi, April 18 (IANS) The goverment has decided to revamp the top managements at state-run oil and gas companies and “candidates for the top posts at these companies will be selected from abroad”, said a senator.
“We need reputable people to head companies like the Oil and Gas Development Company Limited (OGDCL) and Pakistan State Oil (PSO),” The News International Monday quoted Senator Asim Hussain as saying.
“Candidates for the top posts at these companies will be selected from abroad,” he said after meeting Prime Minister Yousuf Raza Gilani.
Asim Hussain, an aide of President Asif Ali Zardari, became a Senator Saturday. He had resigned as the petroleum adviser in 2009, citing personal reasons.
He said drastic measures were required since the energy crisis had blown out of proportion.
“We need to inject fresh blood into these organisations. Independent boards of directors are important for pushing forward hard decisions,” he was quoted as saying.
He said there may be pressure to stall the move to overhaul the oil firm managements, but he hoped the transformation will go through.
The senator said that the move to revamp the energy firms might not be limited to the oil and gas companies.
“Prime minister can also support similar changes in power distribution companies.”
- Pakistan oil firm runs up massive dues - Nov 05, 2011
- Pakistan could prospect for oil, gas in Libya - May 02, 2009
- ONGC-Videsh going ahead with South China Sea exploration - Apr 24, 2012
- ONGC-Videsh going ahead with South China Sea exploration - Apr 24, 2012
- Pakistan spuds 21 new oil wells - Aug 21, 2011
- Thrice-convicted officer reinstated in Pakistan's FIA - Apr 05, 2011
- ONGC Videsh inks deal with PetroVietnam - Oct 12, 2011
- Pakistan working on new petroleum policy - Jul 10, 2011
- New policy for faster acquisition of overseas mineral assets - Oct 13, 2011
- Pakistan looks at gas import from Qatar - Feb 02, 2012
- Six firms keen to partner ONGC for Tripura fertilizer plant - Apr 12, 2012
- Pakistan, Afghanistan to double bilateral trade to $5 bn - Jan 18, 2012
- US Senate postpones climate action for lack of support - Jul 23, 2010
- India, Pakistan say strategy soon for gas import from Turkmenistan - Jan 25, 2012
- Chinese firm to buy Canadian energy company - Oct 10, 2011
Tags: asif ali zardari, asim, boards of directors, company limited, drastic measures, energy crisis, energy firms, foreign experts, fresh blood, goverment, hussain, independent boards, news international, ogdcl, oil and gas, oil and gas companies, oil firm, personal reasons, power distribution companies, state oil