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Pakistani government allows E&P firms to sell up to 35% of new gas reserves to private buyers.
The Pakistani government has allowed Exploration and Production (E&P) firms to sell up to 35% of their newly discovered gas reserves to private companies, with a cap of 100 million cubic feet per day.
This move ends Sui gas companies' monopoly and aims to improve cash flows for E&P firms and reduce circular debt by enabling competitive bidding for gas sales.
The decision follows pressure from the Special Investment Facilitation Council and will be reviewed every three years.
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El gobierno paquistaní permite que las empresas de E&P vendan hasta el 35% de las nuevas reservas de gas a compradores privados.