Suspension of gas supply to industries to hit economy hard.
LAHORE -- Demanding smooth supply of gas to all industries without any discrimination, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) ex-president and Businessmen Panel chairman Mian Anjum Nisar has said that suspension of gas supply to industries, including captive power plants, would be detrimental to the national economy.
He was talking to a delegation of various industrial estates, which met him to brief about the worst gas supply situation to the industry across the country. The industrial associations' delegation observed that the government has also halted the RLNG supply to all sectors and presently no RLNG is available to CNG, fertilizer, and captive power.
Mian Anjum Nisar stated that suspension of gas to the local industry amidst Covid-19 outbreak would severely affect production process, making it difficult to manufacture life-saving drugs and would directly affect the public. He said that after closure of RLNG supply to the power sector the government will generate electricity from furnace oil and diesel owing to which the electricity cost will increase manifold against generation by RLNG. Though the captive power plants meant for export industry were stopped for one day in a week as per the decision of cabinet, but the decision will reduce the textile products production by 16 percent. Its impact is expected next month in the form of decline in exports, he said. He warned that if the supply of gas to industries was...
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