Pakistan moves ahead with gas market deregulation plan, seeks Prime Minister approval this month.
Pakistan is advancing its plan to deregulate the gas market and is awaiting Prime Minister approval within the month.
By AVI News News Desk1 min read
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Pakistan moves ahead with gas market deregulation plan, seeks Prime Minister approval this month.
Photo by Hongwei FAN on UnsplashPakistan is advancing its plan to deregulate the gas market. Officials have progressed the plan and are awaiting Prime Minister approval later this month, according to a report from Energy Update cited in Google News. The move is expected to change how the gas sector operates.
Deregulation could open the market to competition, potentially improving price stability and supply reliability for consumers. However, formal approval must be secured before the plan can be implemented, according to the same report.