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SSGC LPG Board, MD appointment: Panel says concerned at delay in completion

Business Recorder • • 1 min read

SSGC LPG Board, MD appointment: Panel says concerned at delay in completion

A Senate standing committee on petroleum has voiced concern over the delay in completing the new board of SSGC LPG Limited, according to Business Recorder. Members also objected to SSGC managing director Amin Rajput sitting on that board as a member, with one member saying the MD should not be a board member. The meeting, chaired by Umer Farooq on Tuesday, raised several concerns about how the board is composed and run.

The SSGC LPG board was last reshuffled in February 2020, and its chairperson seat has been empty since the passing of Dr Shamshad Akhtar. Directors Ayaz Dawood and Dr Sohail Razi Khan have each sat on the board for six years, the committee was told. The Special Secretary of the Petroleum Division, Mirza Nasir-ud-Din Mashood Ahmad, said the new composition would be announced soon, pointing to recent changes at PPL and PSO.

The committee was unhappy that SSGC had not carried out its earlier directives or offered a formal apology for remarks that discouraged discussion of certain matters, and member Qurat-ul-Ain Marri asked for a written apology. The panel was also told that the Hydrocarbon Institute of Pakistan has operated without a board for two years, with acting charge given to a Joint Secretary of the Petroleum Division. PRL managing director Mohsin Ali Mangi attended the meeting in line with a committee directive.

At a glance

  • Committee criticised the delayed completion of the SSGC LPG Limited board.
  • Members objected to SSGC managing director Amin Rajput sitting on the board.
  • The Hydrocarbon Institute of Pakistan has operated without a board for two years.

Stocks in this story

Sectors:Oil & Gas Marketing Companies

Originally reported by Business Recorder

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