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Tuesday, March 16, 2010

Qamar vows to keep PSO from falling

Qamar vows to keep PSO from fallingISLAMABAD: Federal Petroleum Minister Naveed Qamar said government will prevent Pakistan State Oil (PSO) from bankruptcy.

He was stated this while talking to media after a seminar organized by Society of Development Economics here today.

Federal Minister said efforts are underway to resolve circular debt issue. He said Pakistan and Iran will sign gas pipeline project today. Government of Pakistan will provide guarantee for $ three to four billion investment. Turkmenistan gas pipeline project will be discussed next month, he added.

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