ISLAMABAD: The government has taken an initiative to overcome the shortage of natural gas in the country by enhancing gas production, import of LNG and natural gas from neighbouring countries.
An official of ministry of Petroleum and Natural Resources said that different initiatives including enhancement of indigenous gas production, import of LNG, import of gas from Iran, import of gas from Turkmenistan and promotion of LPG air mix have been taken to meet the gas shortage in the country.
He said that the present government is committed to resolve the energy problem in shortest possible time. “In this regard both long term and short term measures are being taken”, he added.
He said that LNG import is short-term solution while to meet the long-term energy requirements of the country coal and gas based power plants are being constructed with help of international energy companies.
He said that the ministry of Petroleum and Natural Resources has adopted an integrated approach for promoting exploration and fast track development of oil, gas and mineral resources.
He said that the ministry is putting its utmost efforts in not only developing and improving the current structures but enhancing and introducing new ventures like LNG.
FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report
ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...
