The finance minister agreed that the public sector units cannot be allowed to bleed further.
The upcoming IAEA vote affects the petroleum ministry more than any other ministry as it has a direct impact on energy security of the country.
The Prime Minister has directed that we should make efforts to have a public awareness campaign on conservation.
We have 90-days to get necessary official approvals to join the project. Once approved by the Cabinet, the project will be renamed TAPI (Turkmenistan-Afghanistan-Pakistan-India pipeline).
There are hurdles but we are committed.
There will be no change in prices at the consumer end.
We are meeting representatives of BP in an effort to convince them not to withdraw from the joint venture.
We are committed to making the project happen as we need the gas from Iran and we will continue to pursue the pipeline project.
I spoke to Finance Minister on Saturday and have sought time for this evening. I may meet him today or tomorrow.
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