ISLAMABAD - A parliamentary panel of the Lower House (National Assembly), entrusted with the credible task of serving as a watchdog on the entire affairs of the petroleum and natural resources ministry, has recommended for the third but final time to keep prices of the petroleum products on a previous level which were on July 31.The Standing Committee on Petroleum and Natural Resources, which held a meeting with Engineer Tariq Khattak in chair at the Parliament House, expressed strong reservations and annoyance over the non-implementation of its recommendations pertaining to weekly price review mechanism and price hike of petroleum products. The NA panel directed secretary petroleum to apprise the body that whether the recommendations of the committee on oil price determination were presented to the prime minister or not so that the panel could hand over the matter to the privilege committee. The committee also resolved that in case of no implementation, the committee itself would submit a privilege motion against the petroleum and finance secretaries because with recent price hike the ministry had breached the privilege of the parliamentary panel forcing the parliamentary body to hand over the issue to privilege committee. The standing committee decided to meet on September 27 (Thursday) and asked secretary petroleum to brief the committee on recommendations of the committee regarding petroleum prices.Jamshed Dasti, during the course of the meeting, observed that the ministry of petroleum and natural resources had so far befooled the NA panel which was tantamount to slapping on the face of Parliament. He also alleged that the petroleum ministry was involved in artificial shortage of petroleum products and over-charging the consumers. He said he had proof to substantiate his view-point. Dasti said if he failed to prove his allegations he should be hanged on the gate of Parliament House.Haider Ali Shah, another member of the committee, argued that in international market fuel prices had gone down by $1 per barrel but the ministry increased prices by Rs 1 per litre and earned billions of rupees against that. He also urged the government to put an end to the GST or Petroleum Levy (PL) imposed on petroleum products and determine prices on monthly basis to provide relief to the already hard-pressed masses.Senior legislator Sheikh Aftab said the standing committee should raise the issues with the Federal Cabinet and also present its reservations in the meeting of the cabinet.Barjees Tahir was of the view that no one was caring about the recommendations of the body and petroleum prices were increasing persistently. Strongly criticising the weekly oil pricing mechanism, he said hard-pressed people were bearing the brunt of weekly review of the prices.Upon this, the Federal Secretary Petroleum Dr Waqar Masood said a sub-committee comprising technical experts should be constituted for price determination issue and elements involved behind price increase should be disclosed. Waqar said price determination should be quick according to change in international market and maintained that it would ultimately benefit the consumers.Petroleum levy and other taxes including GST had been imposed by the parliament and following the directions of parliamentarians ECC had approved this price determination formula, secretary petroleum added. He said ministry had directed oil marketing companies (OMCs) to ensure supply of fuel to all pumps and provide oil to those pumps, which lodge complaints of oil shortage.He also made it clear to the body that Parco was not ready to brief the committee in detail about its plant which was a joint project between Pakistan and United Arab Emirates (UAE), adding that Board of Directors (BoD) of Parco was the real authority to run Parco.Legislative body was annoyed over the absence of MD Parco and directed him to ensure his presence during next meeting of the committee. Later, the standing committee decided to hand over agenda item of briefing about functions of Parco to the sub-committee working under the convenership of Jamshed Dasti.Dasti also criticised Parco by saying that Parco had established its monopoly so it was paying no proper heed to anyone and its (Parco) letter was a clear violation of the constitution.   0Managing Director (MD) of Pakistan State Oil was not present to brief the NA body about the performance of PSO, therefore, the committee recommended the MD PSO to attend the next meeting of the standing committee personally.Amjad Latif, Senior General Manager of Sui Northern Gas Pipelines Limited (SNGPL), informed the committee that for the fiscal year 2012-13, the total length of the projects was 28,073 Km and pipeline laid was 18,576 Km. He said that 65 per cent work on development schemes of parliamentarians had been completed. Standing committee directed SNGPL to complete projects in those areas where major part have been completed and less work have been pending.