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Home Chambers & Associations

LCCI shows concerns over low gas pressure in FRIA

byCT Report
30/06/2016
in Chambers & Associations, Latest News, Pakistan Chambers
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LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Wednesday complained of low gas pressure to the industry and called for corrective measures without any delay.

In a statement issued here after hearing the point of view of the representatives of Ferozepur Road Industrial Association (FRIA), the LCCI President Sheikh Muhammad Arshad said that low gas pressure is like non provision of gas. It hurts industry badly therefore the authorities should take all steps to keep the industrial wheel on the run.

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Representative of the Ferozepur Road Industrial Association (FRIA) Adnan Khalid Butt informed the LCCI that low pressure of gas has become one of the biggest issues being faced by the industrialists of the area. He said that because of low pressure of gas, industrial production is at the lowest ebb.

The LCCI President Sheikh Muhammad Arshad said that at a time when country is struggling to achieve export target, unavailability of gas to the industrial sector would play a devastating role.

He said that how the government would be able to collect revenues to run its day-to-day affairs when the industrial wheel is coming to a halt.

The LCCI President said that the government should understand that economic well being is a must and it is only possible when business community would be able to play its due role.

He said that the industry needs a continuous supply of gas and electricity to keep the units operational and to complete the export orders well within the given timeframe but only because of the shortage of electricity the exports are not up to the mark.

He said that Pakistan had already lost a number of international markets and the new longer hour power cuts would further aggravate the situation. He said that cheaper and uninterrupted power supply is only way to achieve economic targets set for the year 2016-17.

The LCCI president said that Ferozepur Road Industrial Area is not the only victim of unavailability/low pressure of gas therefore Sui Northern Gas Pipeline Limited (SNGPL) should resolve this issue on at the earliest.

 

 

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