AVN 65.52 Decreased By ▼ -1.18 (-1.77%)
BAFL 29.72 Increased By ▲ 0.22 (0.75%)
BOP 4.05 Decreased By ▼ -0.03 (-0.74%)
CNERGY 3.57 Decreased By ▼ -0.05 (-1.38%)
DFML 11.56 Decreased By ▼ -0.24 (-2.03%)
DGKC 42.03 Decreased By ▼ -1.17 (-2.71%)
EPCL 45.66 Decreased By ▼ -0.33 (-0.72%)
FCCL 11.60 Decreased By ▼ -0.25 (-2.11%)
FFL 5.78 Decreased By ▼ -0.10 (-1.7%)
FLYNG 5.94 Decreased By ▼ -0.13 (-2.14%)
GGL 10.88 Decreased By ▼ -0.37 (-3.29%)
HUBC 67.40 Decreased By ▼ -0.48 (-0.71%)
HUMNL 5.59 Decreased By ▼ -0.05 (-0.89%)
KAPCO 24.38 Decreased By ▼ -0.47 (-1.89%)
KEL 2.11 Decreased By ▼ -0.02 (-0.94%)
LOTCHEM 24.92 Decreased By ▼ -0.08 (-0.32%)
MLCF 24.58 Decreased By ▼ -0.29 (-1.17%)
NETSOL 74.12 Decreased By ▼ -2.08 (-2.73%)
OGDC 84.67 Decreased By ▼ -1.19 (-1.39%)
PAEL 10.61 Decreased By ▼ -0.44 (-3.98%)
PIBTL 3.91 Decreased By ▼ -0.07 (-1.76%)
PPL 64.81 Decreased By ▼ -1.19 (-1.8%)
PRL 12.74 Decreased By ▼ -0.21 (-1.62%)
SILK 0.87 Decreased By ▼ -0.01 (-1.14%)
SNGP 39.41 Decreased By ▼ -1.34 (-3.29%)
TELE 7.06 Decreased By ▼ -0.42 (-5.61%)
TPLP 14.70 Decreased By ▼ -0.39 (-2.58%)
TRG 107.60 Decreased By ▼ -2.85 (-2.58%)
UNITY 13.37 Decreased By ▼ -0.14 (-1.04%)
WTL 1.20 Decreased By ▼ -0.01 (-0.83%)
BR100 4,040 Decreased By -40.6 (-0.99%)
BR30 14,413 Decreased By -217.8 (-1.49%)
KSE100 39,942 Decreased By -434.1 (-1.08%)
KSE30 14,739 Decreased By -177.2 (-1.19%)
Follow us

KARACHI: The value-added textile export sector profoundly appreciates the government thoughtfulness to ensure uninterrupted supply to the export industries during winter season.

The textile exporters are fully aware about the gas shortage during winter season and admire the government and Ministry of Energy (Petroleum Division) for their initiative to support the export industry. Referring the meeting of

Federal Minister Energy Barrister Hammad Azhar held recently and in view of hike in POL prices globally, the textile exporters across Pakistan are willing to pay for next three months $9 per MMBTU for RLNG for Captive Power Plants and $6.5 per MMBTU for their boilers provided the Ministry ensures uninterrupted gas supply with required pressure.

This was stated by Muhammad Jawed Bilwani Chairman Pakistan Apparel Forum.

Jawed Bilwani stated that it is the demand value added textile industry from all over Pakistan to supply gas uninterrupted and they supported the government to provide RLNG for next three months at $9 per MMBTU for RLNG for Captive Power Plants and $6.5 per MMBTU for boilers and ensured uninterrupted gas supply with required pressure, however, the textile exporters of Karachi have a problem that export-oriented industries of Karachi have never given RLNG gas on the concessional tariff of either $6.5 per MMBTU all inclusive or $9 per MMBTU all inclusive despite of the daylight fact that the export industries of Karachi generates 54 percent of total exports. The textile exporters are highly annoyed and disturbed due to this sheer discrimination and dubious conduct on the part of the government as they have never been given on the concessional tariffs as compared to other parts of the country. Several of our members’ exporters of Karachi have only RLNG connections (no indigenous gas

connections) and currently, SSGCL is charging RLNG @ $15.62 per MMBTU and even on this excessive tariff the required gas pressure is not available in the pipeline and there are also gas outages of approximately 12 hours on daily basis during day time. While in other areas of Pakistan RLNG gas is provided to export

industries at rate of $6.5 and for Karachi for 100 percent export industries having only RLNG connection is provided RLNG at rate of $15.62.

Bilwani articulated that the Federal Ministry of Commerce is working hard to execute all pragmatic steps and initiatives to support and facilitate the exporters in order to enhance the national exports.

Copyright Business Recorder, 2021


Comments are closed.

Winter season: Textile sector lauds govt’s approach to gas supply to export-oriented sector

Elections solution to all problems, but political stability first: Maryam

Rana Sanaullah's comments direct threat to Imran Khan: Fawad

PM Shehbaz terms President Alvi's election letter 'a PTI press release'

Qatar leads Gulf bourses higher on hopes of Fed rate pause

US says no indication Russia has moved nuclear weapons

Credit Suisse could face disciplinary action, Swiss regulator says

Imad's fifty takes Pakistan to 130-6 in second T20I

Tom Latham returns to lead as New Zealand announce T20I squad against Pakistan

India summons Canada High Commissioner, concerned over Sikh protesters

Researchers unearth 2,000 ram heads in Egypt temple