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SNGPL claims to overcome gas crisis

byCT Report
07/04/2016
in Business
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LAHORE: Sui Northern Gas Pipelines Limited has claimed that the gas crisis has been overcome and the company can supply gas to all the industrial sectors.

SNGPL Managing Director Amjad Latif, addressing a press conference, said 470MMCFD RLNG is available in the system and expressed the hope that it would reach 1200MMCFD by the end of this year.

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“Out of it, 160MMCFD is being supplied to the textile industry, followed by 20MMCFD to the fertilizers sector, 50MMCFD to the CNG sector and remaining to the power sector,” he added.

He said a consortium of banks was providing Rs70 billion loan for port of gas from different destinations. Regarding new connections to the industry, he said a policy guideline would soon be finalised in this regard. He said a ratio of 6 percent unfounded gas is ‘logical’ and the issue is pending with the Supreme Court right now. The SNGPL UFG was in a single digit and a new gas act is in place to expedite recovery of arrears, he said.

On the other hand, All Pakistan Textile Mills Association (Aptma) has demanded removal of moratorium on the new gas connections to the industries located in Sindh with immediate effect on the same pattern as that done for residential buildings.

Aptma Sindh-Balochistan Region Chairman Imran Maqbool has said that with the import of RLNG and removal of bottlenecks, the availability of gas in the country has increased and it will increase in industrial activity in the country.

In addition, with import of gas the federal government has lifted the ban on new gas connections for hundreds of newly-constructed high-rise buildings. He requested the government to allow new gas connections as well as allow applications for enhancement of load which have been lying pending decisions for a long time and adversely affecting industrial activity and creation of employment.

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