PSDP allocated Rs1.7 billion for eight petroleum sector projects in 2020-21

Islamabad – The PTI government on Friday allocated Rs 1,786.160 crore for five and three new projects in the petroleum sector in the Public Sector Development Program (PSDP 2020-21).

According to PSDP, an amount of Rs 1,662.484 million has been earmarked for the five ongoing projects, out of which Rs 100 million will be spent in the expansion and upgrading of Pakistan Petroleum Corehouse (PETCORE), Rs 6.524 million for exploration and evaluation in Nosham, Balochistan. And Rs.303.160 million for the supply of 13.5 million cubic feet per day (MMCFD) gas for coal, Dhaba Special Economic Zone in Bahlol areas, 1,153 million for the supply of 30 MMCFD gas at the door (zero point) of Rashkai Special Economic Zone. Rupees. 100 million rupees for upgrading of POL testing facilities of HDIP in ISO Certification of Zone Khyber Pakhtunkhwa and Petroleum Testing Laboratory at Islamabad, Lahore, Multan, Peshawar, Quetta and Islamabad.

Whereas, Rs.123.7, 4 crores has been kept for three new schemes, out of which Rs. 6 million will be used for setting up the National Mineral Data Center, Rs. 20 crores for geological mapping of 50 toposheets (out of 55.476 million rupees for the strengthening, upgrading and ISO certification of Karachi Laboratories Complex (KLC) at Topposets, Baluchistan and HDIP Operations Office, Karachi, out of 55 toposets of Crop Area.

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