Petroleum policy needs a paradigm shift<br />M.S.Hasan(Business recorder 02/14/09)<br />Article reviewed by  <br />SaadSar...
Brief overview<br />Petroleum policy 2009<br />Up and down stream segment of the petroleum sector<br />Policy formulation ...
Segments of Petroleum Sector <br />Upstream Sector<br />Searching recovery and production of crude oil and natural gas. <b...
Policy formulation<br />Role of foreign companies<br />Greatest Interest<br />Ambassadors of investment  <br />MPNR to re-...
Policy by MPNR (Ministry of Petroleum and Natural Resources)<br />Suggested course of action<br />Help meet legitimate bus...
Consolidation of OGDCL and PSO<br />Constraints<br />Structural and financial deficiencies <br />Financial indiscipline<br...
Suggested Site <br />Gwadar port<br />Center of logistics<br />Staging board for petroleum industry<br />Compete with simi...
Conclusion <br />Conducive business Practices <br />Market Pakistan in a positive manner<br />Investor friendly environmen...
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Petroleum policy needs a paradigm shift

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Petroleum policy needs a paradigm shift

  1. 1. Petroleum policy needs a paradigm shift<br />M.S.Hasan(Business recorder 02/14/09)<br />Article reviewed by <br />SaadSarfraz<br />
  2. 2. Brief overview<br />Petroleum policy 2009<br />Up and down stream segment of the petroleum sector<br />Policy formulation and foreign companies operating in Pakistan <br />Role of MPNR1<br />Consolidation of OGDCL2 and PSO3<br />Suggested site and strategic significance<br />Impact on general business environment <br />1Ministry of Petroleum and Natural Resources<br />2 Oil and Gas Development Company Limited <br />3Pakistan State Oil<br />
  3. 3. Segments of Petroleum Sector <br />Upstream Sector<br />Searching recovery and production of crude oil and natural gas. <br />OGDCL<br />Downstream Sector <br />Refining of crude oil, and the selling and distribution of natural gas and product derivatives<br />PSO <br />
  4. 4. Policy formulation<br />Role of foreign companies<br />Greatest Interest<br />Ambassadors of investment <br />MPNR to re-orientate its policies<br />
  5. 5. Policy by MPNR (Ministry of Petroleum and Natural Resources)<br />Suggested course of action<br />Help meet legitimate business objectives <br />Afford opportunities to expand<br />Adequate incentives <br />Tax relief<br />Rebates<br />Reduction in custom duties <br />Corporate tax<br />Engineer and define vision for growth<br />Fossil fuel security <br />
  6. 6. Consolidation of OGDCL and PSO<br />Constraints<br />Structural and financial deficiencies <br />Financial indiscipline<br />Status , lethargy and inertia <br />Opportunities<br />Integration of up and down stream segments<br />Crude oil trading<br />Product swap arrangement <br />Acquiring refining capacities <br />
  7. 7. Suggested Site <br />Gwadar port<br />Center of logistics<br />Staging board for petroleum industry<br />Compete with similar industries in Middle East<br />Storage facilities for drilling rigs , equipment etc .<br />“It will take only the astute business leaders ,with vision ,streaks of a maverick and ability to design , create ingenious concepts and an unflinching passion to achieve difficult objectives”. <br />
  8. 8. Conclusion <br />Conducive business Practices <br />Market Pakistan in a positive manner<br />Investor friendly environment<br />MPNR should make a paradigm shift in its policies <br />

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