Oil and Gas Regulatory Authority yet to import Liquefied Natural Gas to meet demand

KARACHI: The Oil and Gas Regulatory Authority (OGRA) has yet to import Liquefied Natural Gas (LNG) to meet the immediate demand of the country. Federal Minister for Petroleum Dr Asim Hussain said OGRA did not come under Ministry of Petroleum and the short-term measures to meet energy crisis were to import LNG.

Federal Adviser on Textile Dr Mirza Ikhtiar Baig during a meeting with Dr Hussain discussed gas supply to industries, which was badly affecting the production and causing textile industry financial losses to the tone of Rs 80 billion. Dr Hussain attributed gas shortage to some blasts in the gas pipeline at Jaffarabad, Balochistan, which would take three to four days to repair.

Dr Baig said exporters were losing credibility to ship the goods on time and complained about gas supply issue resulting in closure of many units and feared textile orders worth $7 billion in next six months would be affected. He informed the industries in Sindh were promised by Sui Southern Gas Company to supply gas six days a week and to remain closed on Sunday but the agreed arrangements were not implemented.

He feared with the prevailing situation the performance of the textile sector, which was the backbone of economy, would be affected and negatively impact employment, exports and revenue collection. The cabinet members also discussed gas supply to industries at the last cabinet meeting with severe criticism.

Dr Baig requested the petroleum minister to implement the cabinet decision to give second priority to the industry after residential consumers. Dr Hussain is meeting representatives of APTMA today to resolve the issue of gas supply by Sui Northern Gas Pipelines Ltd to textile units in Punjab.

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