Connect with us

Hi, what are you looking for?

Health & Education

16 LNG cargoes partially exempted from PPRA rules

Cargoes given exemption under section 21 of PPRA Ordinance, 2002, in “national interest”

ISLAMABAD: The government has granted a partial exemption from Public Procurement Rules, 2004 to the procurement of 16 spot cargoes of the liquefied natural gas (LNG) to be procured on spot price by the Pakistan State Oil (PSO) and by the Pakistan LNG Limited (PLL) till December 31.

According to documents, the federal cabinet was informed that the petroleum ministry had requested the Public Procurement Regulatory Authority (PPRA) to grant a partial exemption to the spot purchase of three cargoes of LNG by the PSO and 13 cargoes by the PLL in the “national interest”.

The cargoes have been given exemptions from rules 13 and 35 of Public Procurement Rules 2004. Further relaxing the process, the government increased the duration of response time to three days in addition to allowing ample time between the announcement of the evaluation report and the award of contract to the successful bidder.

Similarly, sources said, that fair opportunity would be given to potential bidders and measures would be taken to ensure that grievances are resolved.

Earlier, the PPRA board, in its 53rd meeting on August 12, had directed the PPRA management to recommend exemptions for these companies. The PPRA and the federal government will exempt these items or the class of items on such recommendations from the implementation of the laws and regulations made under it, an official said on condition of anonymity.

Media person and communication expert for over 25 years. Worked with Dow Jones News, World Bank, CNBC Pakistan, Aaj TV, ARY TV, Abbtakk TV, Business Recorder, Pakistan Observer, Online News Network, TTI Magazine and other local and world Publications.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Facebook

International

“It is on display in the #USAPavilion as an integral part of our theme, ‘Life, Liberty, and the Pursuit of the Future’,” the US...

International

Jaburi within Daesh had reportedly served as the equivalent to finance minister, supervising the group’s revenue-generating operations from illicit sales of oil, gas, antiquities,...

Latest Updates

ISLAMABAD: A new statue of founder of Pakistan Muhammad Ali Jinnah, believe to be the tallest, has been placed in Pakistan Military Academy (PMA)...

International

The cable system connects Vietnam, Singapore, Malaysia, Thailand, Pakistan, India, Oman, the United Arab Emirates, Qatar, Saudi Arabia, Egypt, Greece, Italy and France.

Copyright © 2021 The Truth International