Oil, gas firms boards, chairs approved

ISLAMABAD: The Federal Cabinet on Tuesday approved the reconstitution of board of directors and appointment of chairmen of state-run oil and gas companies under petroleum division.

These companies include Oil and Gas Development Company Limited (OGDCL), Pakistan Mineral Development Corporation (PMDC), Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Pipelines Limited (SSGCL).

A statement said these appointments had been made purely on merit and required experience of the field and provinces had been given due representation.

It added that for the first time women had been given representation on these boards and one of the important one among them was Dr Shamshad Akhtar, former governor State Bank of Pakistan (SBP) and renowned economic affairs expert.

Dr Shamshad Akhtar will chair the SSGCL board, while Muhammad Riazuddin, Qazi Azmat, Faisal Bengali, and Nida Rizwan have been appointed as members. Except Khyber Pakhtunkhwa, all provinces have representation on this board.