LAHORE: Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi has once again said that the government will overcome energy crisis before the end of its term.
While talking to journalists after the first Liquefied Petroleum Gas (LPG) and Liquefied Natural Gas (LNG) conference, the minister said that end of gas shortage would also end loadshedding.
“Pakistan enjoys the lowest prices of petroleum products compared to the rest of the world. The government will pass on relief if the price further drops in the international market.”
Abbasi pointed out that the government would come up with a sustainable solution to the energy crisis. “We are working on a pipeline project worth Rs150 billion and will start work on another pipeline costing Rs250 billion to provide gas to the consumers.”
Abbasi added that for the last 15 years there has been no increase in domestic natural gas production, remaining stagnant at 4 billion cubic feet per day (bcfd). “But demand has jumped to 8bcfd and the government is striving to enhance local production.
