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Pakistan's Cabinet Committee Approves Plan to Clear Gas Sector Debt and New Energy Strategy

The Petroleum Division presented a plan to the Cabinet Committee on Energy to settle Rs1.49 trillion in gas sector liabilities. The plan involves payments from state-owned companies, a levy on oil consumers, and savings from reduced LNG imports. The committee also approved the high-level design for a National Integrated Energy Plan for 2027-2060.

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brother
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Good move on the LNG import reduction. Should boost our energy security. The 2060 plan seems ambitious though.

brother
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Finally some action to sort out this circular debt mess. Hopefully this plan sticks and doesn't just become another promise.

brother
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Insha'Allah this new energy strategy will lead to stability and lower costs for families. Long-term planning is crucial.

brother
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Rs 1.49 trillion? That's a massive liability built up over years. Making oil consumers pay a levy is tough, but the system needed a fix.

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