EoIs for OGDCL

Published September 11, 2002

ISLAMABAD, Sept 10: Privatisation Commission has fixed September 26 as the last date for receiving Expressions of Interest (EoIs) for sale of 51 per cent shares of Oil & Gas Development Company Limited (OGDCL) to strategic investors with management control.

According to PC, Expressions of Interest (EoIs) were invited in July this year from reputed investors, participating solely or as part of consortium, having relevant upstream experience. Latest financial statements and details of the ultimate company should accompany along with the required non-refundable processing fee. Early submission of EoIs will allow parties maximum time for completion of RSOQ requirements.

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