Gas shortage gets chronic

Karachi: Federal Minister for Petroleum and Natural Resources declared gas emergency during January as its shortage would cross 1 bcfd in the next few months.

According to Alfalah Securities Limited, in this regard, gas supply to Compressed Natural Gas (CNG) stations and industrial sector would be slashed next month. The prices of CNG would also be raised from PkR 67 per kg to PkR 80 per kg higher by 19.4%. The gas preserved by halting supply to CNG stations would be directed to the domestic sector to meet their needs during the winter season.

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