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Low gas pressure effecting PSM’s production

byCustoms Today Report
26/06/2015
in Business
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KARACHI: The low gas pressure is badly effecting the production of Pakistan Steels Mills (PSM).

PSM Spokesman Shazim Akhter, in a statement, said that the gas pressure is also affecting the complex machinery of the plant. He said that natural gas plays a vital role at PSM as it is considered as a lifeline for almost all the major production units of this national enterprise.

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It is stated that for more than two weeks now SSGCL has reduced the natural gas pressure of PSM to as low as 0.95-1 kg/cm2. As per agreement between PSM and SSGC approved gas pressure is 4-5 kg/cm2 to enable PSM to perform normally which is now continuously denied.

PSM faced a similar situation in January, and then again in March, when it touched 65% of CAPU of its 1.1 million tons of raw steel production per annum.

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