By SAAD UMER
ISLAMABAD: Attempts to curb Chinese investment in the oil and gas sector. China is currently investing heavily in the CPEC projects and is rapidly completing the projects Chinese companies are working on gas exploration and other projects. OGDCL contracts for raw material trying to award a specific company through a tender. OGDCL has issued tenders against the local market standards. However, if the same raw material is procured from the local market, its cost will come down. Controversial clause has been included in the tender of Rs. 224 million Bids were invited for European standard raw material on the dead part of the well. European raw material clause on wheel head included in tender large oil and gas companies will not be able to be part in the bid due to the controversial clause. The most important part of the well is the Christmas tree In Christmas tree Chinese raw materials has been used from many years, while the European company is being contracted for the rig, which is unnecessary. In Pakistan, Chinese raw material is preferred for rig Chinese raw materials are readily available and cheapest for rig Oil market insiders and experts say no such tender has been issued before. A letter has been written to GM GDCL to Inquiry this controversial tender.
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