BR100 Decreased By (-0.25%)
BR30 Increased By (0%)
KSE100 Decreased By (-0.15%)
KSE30 Decreased By (-0.24%)
AGHA 7.78 Decreased By ▼ -0.03 (-0.38%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.90 Increased By ▲ 0.40 (0.7%)
BOP 34.15 Increased By ▲ 0.12 (0.35%)
CNERGY 10.02 Increased By ▲ 0.06 (0.6%)
CSIL 5.35 Increased By ▲ 0.04 (0.75%)
FCCL 54.62 Decreased By ▼ -0.08 (-0.15%)
FFL 16.62 Decreased By ▼ -0.07 (-0.42%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 7.33 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.77 No Change ▼ 0.00 (0%)
LOTCHEM 29.42 Increased By ▲ 0.10 (0.34%)
MLCF 94.00 Decreased By ▼ -0.36 (-0.38%)
NBP 202.00 Decreased By ▼ -1.05 (-0.52%)
NCPL 57.01 Increased By ▲ 0.01 (0.02%)
NPL 68.00 Increased By ▲ 0.30 (0.44%)
OGDC 316.60 Increased By ▲ 0.76 (0.24%)
PACE 10.65 Increased By ▲ 0.01 (0.09%)
PAEL 43.10 Decreased By ▼ -0.10 (-0.23%)
PIBTL 16.60 Decreased By ▼ -0.14 (-0.84%)
PPL 219.24 Decreased By ▼ -0.54 (-0.25%)
PRL 50.45 Increased By ▲ 1.26 (2.56%)
PTC 70.99 Increased By ▲ 0.46 (0.65%)
SSGC 27.74 Decreased By ▼ -0.51 (-1.81%)
TBL 9.75 Decreased By ▼ -0.11 (-1.12%)
TELE 8.73 Decreased By ▼ -0.06 (-0.68%)
TPL 18.39 Increased By ▲ 0.15 (0.82%)
TPLP 13.55 Increased By ▲ 0.28 (2.11%)
TREET 22.70 Decreased By ▼ -0.02 (-0.09%)
TRG 60.05 Decreased By ▼ -0.09 (-0.15%)

KARACHI: Khawaja M Zubair, Chairman, the Karachi Cotton Association (KCA), has expressed his extreme concern over the low gas pressure and closure of gas supply to the EOS - “Export Oriented Sector” of Sindh and Balochistan, which are contributing more than 52 percent in total textile exports of Pakistan.

He observed that due to extremely low gas pressure and frequent unavailability of gas supply to the EOS located in Sindh and Hub area of Balochistan, it has become very difficult to run the industry. He also observed that despite the Government’s intention to facilitate the EOS with a view to boost exports and earn valuable foreign exchange for the country, they are not being provided full and uninterrupted supply of gas resulting in the EOS of the above referred two provinces are unable to achieve their production target and fulfil their export commitments due to which their foreign buyers might likely to divert their orders to other countries.

With a view to save the EOS of Sindh and Balochistan from total closure, Khawaja M Zubair, Chairman, the KCA urges upon the government to immediately intervene in this serious issue of national interest and issue directive to the gas supply companies to provide gas first to the EOS including textile industry enabling them to meet their production target, fulfil their export commitments without any disruption and continue to play their important role in the growth of country’s economy.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.