KPOGCL CEO post remains vacant for 3-year
Staff Reporter
PESHAWAR: The Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) has been without a chief executive officer (CEO) for the last three years, causing a significant decline in the organization’s performance and hindering the oil and gas exploration and production in the province.
According to sources, the absence of a CEO has led to a leadership vacuum, resulting in delayed decision-making, stalled projects, and a lack of direction for the company.
The sources continued that the KPOGCL was established to promote oil and gas development in the province, but it badly failed to achieve its objectives, including the exploration of new fields and the development of existing ones, adding that the delay in appointing a CEO had also led to a loss of investors’ confidence, causing a decline in investment in the sector.
Industry experts warn that the continued absence of a CEO will have far-reaching consequences for the province’s economy. They demand that the KP government should fill the vacant post without further delay and appoint a competent and experienced CEO who can steer the organization towards achieving its goals.
In this regard, Secretary Energy and Power Department Khyber Pakhtunkhwa Nisar Ahmad was contacted for a comment on the issue, but he was not available.
Related Posts
Comments