‘Govt to restructure five public companies soon’

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ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan has announced that the board of directors of five public sector companies working under the aegis of the Ministry of Petroleum would be restructured soon.

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

According to a statement issued by the ministry on Thursday, fresh appointments would be made on these BODs strictly on the basis of merit. “Provincial representation would also be ensured.”

It said for the first time in the country’s corporate history, women have been delegated on these BODs. “Under new laws, every board shall ensure the presence of at least one woman.”

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