{"id":62383,"date":"2020-03-07T10:00:00","date_gmt":"2020-03-07T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62383"},"modified":"2020-03-07T12:44:36","modified_gmt":"2020-03-07T07:44:36","slug":"ten-percent-ogdcl-shares-divested","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html","title":{"rendered":"Privatisation commission decides to divest 10% OGDCL shares"},"content":{"rendered":"\n<p>Islamabad: The Privatisation Commission on Thursday announced its decision to divest up to 10% of the government-owned shares in the Oil and Gas Development Company Limited (OGDCL) \u2013 a news source reported. As per the publication, the commission will table the proposal to Cabinet Committee on Privatisation for approval.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/privatisation-of-non-profitable-institutes-properties.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"PM for accelerated privatisation of non-profitable institutes, properties (opens in a new tab)\">PM for accelerated privatisation of non-profitable institutes, properties<\/a><\/p>\n\n\n\n<p>The meeting was chaired by Minister for Privatisation Muhamad Mian Soomro. The divestment, reportedly, is meant to be used for the purpose of retiring the national debt. It will also provide an opportunity to investors to make an entry into the profit-making public sector enterprise. The session also discussed the share price trend of the OGDCL in the capital market.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/minister-calls-speeding-privatisation-process.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Minister seeks quick completion of privatisation drive in Punjab (opens in a new tab)\">Minister seeks quick completion of privatisation drive in Punjab<\/a><\/p>\n\n\n\n<p>Additionally, the strategic sale of the OGDCL shares was\nconsidered. It was decided that the better option would be to offer up the\nshares to international reputable exploration and production companies.<\/p>\n\n\n\n<p>On the occasion, the minister vowed to maintain transparency\nin the privatisation process; adding that was the priority of the government to\nspeed up the process. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Privatisation Commission on Thursday announced its decision to divest up to 10% of the government-owned shares in the Oil and Gas Development Company Limited (OGDCL) \u2013 a news source reported. As per the publication, the commission will table the proposal to Cabinet Committee on Privatisation for approval. Read: PM for accelerated privatisation of non-profitable institutes, properties The meeting was chaired by Minister for Privatisation Muhamad Mian Soomro. The divestment, reportedly, is meant to be used for the purpose of retiring the national debt. It will also provide an opportunity to investors to make an entry into the profit-making public sector enterprise. The session also discussed the share price trend of the OGDCL in the capital market. Read: Minister seeks quick completion of privatisation drive in Punjab Additionally, the strategic sale of the OGDCL shares was considered. It was decided that the better option would be to offer up the shares to international reputable exploration and production companies. On the occasion, the minister vowed to maintain transparency in the privatisation process; adding that was the priority of the government to speed up the process.<\/p>\n","protected":false},"author":57,"featured_media":62388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[22179],"persona":[],"class_list":{"0":"post-62383","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-privatisation-commission-decides-to-divest-10-ogdcl-shares","9":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ten percent of OGDCL&#039;s shares to be divested - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Privatisation Commission on Thursday announced its decision to divest up to 10% of the government-owned shares in the Oil and Gas\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ten percent of OGDCL&#039;s shares to be divested - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Privatisation Commission on Thursday announced its decision to divest up to 10% of the government-owned shares in the Oil and Gas\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-07T05:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-07T07:44:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/OGDCL.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Muhammad Farhad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Farhad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ten percent of OGDCL's shares to be divested - Zameen News","description":"Islamabad: The Privatisation Commission on Thursday announced its decision to divest up to 10% of the government-owned shares in the Oil and Gas","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html","og_locale":"en_US","og_type":"article","og_title":"Ten percent of OGDCL's shares to be divested - Zameen News","og_description":"Islamabad: The Privatisation Commission on Thursday announced its decision to divest up to 10% of the government-owned shares in the Oil and Gas","og_url":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-03-07T05:00:00+00:00","article_modified_time":"2020-03-07T07:44:36+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/OGDCL.png","type":"image\/png"}],"author":"Muhammad Farhad","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Farhad","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html"},"author":{"name":"Muhammad Farhad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9fc1132e74cdd346f201633b8d1cebc9"},"headline":"Privatisation commission decides to divest 10% OGDCL shares","datePublished":"2020-03-07T05:00:00+00:00","dateModified":"2020-03-07T07:44:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html"},"wordCount":190,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/OGDCL.png","keywords":["Privatisation commission decides to divest 10% OGDCL shares"],"articleSection":["Allied Industries"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html","url":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html","name":"Ten percent of OGDCL's shares to be divested - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/OGDCL.png","datePublished":"2020-03-07T05:00:00+00:00","dateModified":"2020-03-07T07:44:36+00:00","description":"Islamabad: The Privatisation Commission on Thursday announced its decision to divest up to 10% of the government-owned shares in the Oil and Gas","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/OGDCL.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/OGDCL.png","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Privatisation commission decides to divest 10% OGDCL shares"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9fc1132e74cdd346f201633b8d1cebc9","name":"Muhammad Farhad","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","caption":"Muhammad Farhad"},"description":"Muhammad Farhad is a Content Developer at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/farhad-hassan"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/62383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=62383"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/62383\/revisions"}],"predecessor-version":[{"id":62389,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/62383\/revisions\/62389"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/62388"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=62383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=62383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=62383"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=62383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}