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All Pakistan Textile Mills Association hails Sui-Northern Gas Pipelines limited’s plan to increase gas production by 7per cent

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by January 13, 2014 General

Karachi, January 13, 2014 (PPI-OT): The Chairman All Pakistan Textile Mills Association (APTMA) Yasin Siddik has appreciated the plan initiated by Sui-Northern Gas Pipelines limited (SNGPL) and Sui-Southern Gas Company Limited (SSGCL) as they have started implementing a plan to reduce Unaccounted for Gas (UfG) losses from 11 percent to 7 percent, which is a step in the right direction.

While emphasizing on the government to focus its plan on increasing local gas production by 7 percent or by 315 Million Cubic Feet per Day (MMCFD) by end December 2014, Yasin said that if implemented in letter and spirit both the measures would greatly help in overcoming ongoing gas crisis in the country and industrial sector would have some respite from gas shortage.

He said that Pakistan’s industry would support any serious move by the government to end energy crisis, the government and both the gas distribution companies must overcome their shortcomings and minimize UFG while at the same time increasing the gas production within its indigenous sources before opting for expensive sources of gas supply. He said that the country has gas reserves in abundance and it’s need of the hour to fully exploit them by speeding up exploration. Yasin Siddik said that serious efforts should also be made to reduce the theft of Gas and Electricity.

APTMA chief said that UfG is a real challenge which at the moment stood at 11 percent or 450 MMCFD. Oil and Gas Regulatory Authority (OGRA) was also pressing the gas distribution companies to reduce gas losses from 11 to 7 percent. He added that the gas companies should reduce UfG losses to 4.5 percent as per international standards.

He urged the Ministry of Petroleum that instead of increasing gas tariff and GIDC (Gas Infrastructure Development Cess (GIDC) these measures to reduce inefficiencies would be beneficial. He also pointed out that gas and electricity rates in Pakistan had already overtaken the tariffs in other countries in the region.

COMPARATIVE PRICE OF USED AS FUEL
VALUE IN US$
PAKISTAN 4.94
INDIA 4.20
BANGLADESH 2.05

For more information, contact:
All Pakistan Textile Mills Association
APTMA House, 44-A,Lalazar,
Off: Moulvi Tamizuddin Khan Road,
Karachi -74000, Pakistan.
Phone: 0092-21-111-700-000
Fax: 0092-21-5611305
E.Mail: aptma@cyber.net.pk
Web Site: www.aptma.org.pk

The post All Pakistan Textile Mills Association hails Sui-Northern Gas Pipelines limited’s plan to increase gas production by 7per cent appeared first on AsiaNet-Pakistan.

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