{"id":68795,"date":"2020-08-01T10:26:00","date_gmt":"2020-08-01T05:26:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=68795"},"modified":"2020-07-30T18:28:19","modified_gmt":"2020-07-30T13:28:19","slug":"privatisation-board-approves-hike-divestment-ogdc-shares","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html","title":{"rendered":"Privatisation Board approves hike in divestment of OGDC shares"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: The Privatisation Board on Wednesday approved of a rise in divested government shares of the Oil and Gas Development Company Ltd (OGDCL) in the capital market from 7% to 10% \u2014 a news source reported. The decision was taken on the recommendation of the Energy Ministry, in a meeting of the board chaired by Minister for Privatisation Muhammad Mian Soomro.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/ten-percent-ogdcl-shares-divested.html\" target=\"_blank\" rel=\"noreferrer noopener\">Privatisation commission decides to divest 10% OGDCL shares<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The matter will now be placed before the Cabinet Committee on Privatisation (CCoP) for final approval. The divestment is meant to raise additional investment from international companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government is also planning a divestment of 10% shares in the Pakistan Petroleum Limited (PPL), which is on hold because of the declining international oil prices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/commercial-gas-production-begins-dhok-hussain-kohat-ogdcl.html\" target=\"_blank\" rel=\"noreferrer noopener\">Commercial gas production begins at Dhok Hussain, Kohat: OGDCL<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The board also decided that the divestment of the shares for two major companies should not be a block sale. Instead, the shares of the other company should be brought on the market after the previous ones have been divested.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Privatisation Board on Wednesday approved of a rise in divested government shares of the Oil and Gas Development Company Ltd (OGDCL) in the capital market from 7% to 10% \u2014 a news source reported. The decision was taken on the recommendation of the Energy Ministry, in a meeting of the board chaired by Minister for Privatisation Muhammad Mian Soomro. Read: Privatisation commission decides to divest 10% OGDCL shares The matter will now be placed before the Cabinet Committee on Privatisation (CCoP) for final approval. The divestment is meant to raise additional investment from international companies. The government is also planning a divestment of 10% shares in the Pakistan Petroleum Limited (PPL), which is on hold because of the declining international oil prices. Read: Commercial gas production begins at Dhok Hussain, Kohat: OGDCL The board also decided that the divestment of the shares for two major companies should not be a block sale. Instead, the shares of the other company should be brought on the market after the previous ones have been divested.<\/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":[15017],"tags":[36133,36131,36132,36134],"persona":[],"class_list":["post-68795","post","type-post","status-publish","format-standard","has-post-thumbnail","category-notices-announcements","tag-divestment-of-ogdc-shares","tag-ogdc","tag-privatisation-board","tag-privatisation-board-approves-hike-in-divestment-of-ogdc-shares","cat-15017-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Privatisation Board approves divestment of OGDC shares - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Privatisation Board on Wednesday approved of a rise in divested government shares of the Oil and Gas Development Company Ltd (OGDCL) in the capital market from 7% to 10% \u2014 a news source reported.\" \/>\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\/privatisation-board-approves-hike-divestment-ogdc-shares.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Privatisation Board approves divestment of OGDC shares - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Privatisation Board on Wednesday approved of a rise in divested government shares of the Oil and Gas Development Company Ltd (OGDCL) in the capital market from 7% to 10% \u2014 a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.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=\"2020-08-01T05:26:00+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":"Privatisation Board approves divestment of OGDC shares - Zameen News","description":"Islamabad: The Privatisation Board on Wednesday approved of a rise in divested government shares of the Oil and Gas Development Company Ltd (OGDCL) in the capital market from 7% to 10% \u2014 a news source reported.","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\/privatisation-board-approves-hike-divestment-ogdc-shares.html","og_locale":"en_US","og_type":"article","og_title":"Privatisation Board approves divestment of OGDC shares - Zameen News","og_description":"Islamabad: The Privatisation Board on Wednesday approved of a rise in divested government shares of the Oil and Gas Development Company Ltd (OGDCL) in the capital market from 7% to 10% \u2014 a news source reported.","og_url":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.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":"2020-08-01T05:26:00+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\/privatisation-board-approves-hike-divestment-ogdc-shares.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html"},"author":{"name":"Muhammad Farhad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/5cce8ae772fd0b0ee6348e19eb64ff42"},"headline":"Privatisation Board approves hike in divestment of OGDC shares","datePublished":"2020-08-01T05:26:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html"},"wordCount":178,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/OGDCL.png","keywords":["divestment of OGDC shares","OGDC","PRIVATISATION BOARD","Privatisation Board approves hike in divestment of OGDC shares"],"articleSection":["Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html","url":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html","name":"Privatisation Board approves divestment of OGDC shares - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/OGDCL.png","datePublished":"2020-08-01T05:26:00+00:00","description":"Islamabad: The Privatisation Board on Wednesday approved of a rise in divested government shares of the Oil and Gas Development Company Ltd (OGDCL) in the capital market from 7% to 10% \u2014 a news source reported.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/privatisation-board-approves-hike-divestment-ogdc-shares.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\/privatisation-board-approves-hike-divestment-ogdc-shares.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Privatisation Board approves hike in divestment of OGDC 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\/5cce8ae772fd0b0ee6348e19eb64ff42","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\/68795","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=68795"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/68795\/revisions"}],"predecessor-version":[{"id":68796,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/68795\/revisions\/68796"}],"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=68795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=68795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=68795"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=68795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}