Senators’ question Rs6million salary, perks of MD PSO 

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Senate passes Elections Act 2017

ISLAMABAD: Senators on Wednesday questioned the salary, allowance and perks being drawn by the Managing Director Pakistan State Oil Company Ltd (PSOCL). During Question Hour, the Senator Dr Jahanzeb Jamaldini, Saeed Mandokhel, Col (R) Tahir Hussain Mashhadi and Sirajul Haq said the PSO MD was getting Rs 6 million per month under salary, allowances and other fringe benefits. State Minister for Petroleum Jam Kamal apprised the House said Sheikh Imranul Haque was appointed MD PSO after open competition.
Advertisement was given for hiring of MD PSO and the interviews of various candidates were conducted, he added. Giving the breakup, the minister said Rs 2,045,100 was being as basic pay, Rs 920,295 House Rent, Rs 204,510 each Special Allowance and Utility Allowance, Rs 409,020 General Allowance. He said overall salary package of all employees working in PSO, OGDCL, SSNGP and SSGC was attractive and many people wished to join these organizations. To another question, Jam Kamal said no payment of bonus for the period 2015-16 had been made to current MD/CEO although MD was entitled to bonus as per pay package of Managing Director communicated vide letter dated 15th July, 2015 and duly approved by the Federal Government under Sub-Section 3(c) of Section 6 of the Marketing of Petroleum Products (Federal Control) Act, 1974.
During 2014-15, only Rs 633,750 (pertaining to one-time bonus approved by BOM for FY 2014) was paid to Ex-Acting MD on 1st November, 2014, he added. To a question, the minister said the TAPI Pipeline Company Limited-the TAPI Project Company (TPCL) had been jointly formed by the four TAPI Parties (Turkmenistan, Afghanistan, Pakistan and India).  The TPCL has appointed the Consultant to undertake the Pre-FID activities which include the detailed route survey of the entire route, environment impact assessment studies, etc. The Turkmenistan government has started the development of the gas field in Turkmenistan, he added. He said the construction of the Turkmen gas pipeline had also been started. The construction work on the Project would start after the completion of technical studies and achieving the financial close. The financial close is also expected to be achieved by the end of this year, he said and added the Project was scheduled to be completed by December 2020.
He said Pakistan, Afghanistan and India each had 5 per cent share while Turkmenistan had 85 per cent share in the project. He said alignment of the gas pipeline was changed several times as it would pass through northern parts of Afghanistan. Afghanistan government has now assured full support and was also developing two and three energy and industrial corridors. To a question, he said the pipeline would enter in Pakistan through Chaman boarder (Balochistan) and various off-take points would be set up to supply gas to various areas. Meanwhile, Minister for Law and Justice Zahid Hamid informed the House that Chief Justice of Pakistan and other judges of the Apex court were getting around Rs 1,200,000 and Rs.1,100,000 salary per month.

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