Prime Minister for early import of LNG

Islamabad: Prime Minister Syed Yousuf Raza Gilani has directed the Ministry of Petroleum to expedite the import of LNG so that the deficiency of more than 2 BCF could be overcome to an extent as to provide substantial relief to domestic and industrial sectors.

Prime Minister chaired a meeting in this regard here Thursday which was attended by Minister for Finance Dr. Abdul Hafeez Shaikh, Minister for Petroleum Dr. Asim Hussain and Minister for Water and Power Syed Naveed Qamar besides the Secretaries and the senior officials of the respective Ministers to discuss the early import of LNG as the quickest way to overcome gas shortage in the country.

The Secretary, Ministry of Petroleum, apprised the meeting that the Ministry had been working on two pronged strategy for the earliest import of LNG. One is import of LNG by government and also through the private sector for which OGRA had already shortlisted potential developers.

The Prime Minister observed that the availability of gas from Iran TAPI and other sources would take time and it was, therefore, absolutely important that immediate measures be taken to mitigate the sufferings of households and the industrial sector through the import of LNG from various sources.

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