BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

PESHAWAR: In a resolute and impassioned plea, KP Textile Mills Association (KPTMA) Chairman, Muhammad Kamran Shah has reached out to the Prime Minister of Pakistan, seeking immediate help to address the profound challenges confronting the Khyber Pakhtunkhwa (KP) Industry.

The pressing matter was discussed during a pivotal meeting of the KP Textile Mills Association, where grave concerns were raised over the federal government’s recent decision to implement a blended gas supply, composed of 80% natural gas and 20% RLNG (Re-Gasified Liquefied Natural Gas), to serve the KP industry.

Kamran Shah, in his fervent appeal, beseeches the National Authorities to intervene promptly. He emphasized that all sectors of the KP industry stand united against what they perceive as a serious injustice—the imposition of Blended Gas, which combines natural gas with RLNG.

This policy, according to Shah, is fundamentally flawed, unjust, and significantly detrimental to the interests of the KP industry. Notably, Khyber Pakhtunkhwa proudly stands as a net producer of natural gas, contributing a substantial 550 MMCFD (Million Cubic Feet per Day) to the national gas reserves while utilising merely a fraction, 200 MMCFD, for its internal requirements including 35 MMCFD for its industrial use.

Drawing the attention to a stark disparity, Kamran Shah points out that Punjab and Sindh consume 57% and 40% of indigenous gas, respectively for their industrial sectors, leaving KP and Balochistan with a mere 1.8%. This inequity has persisted for 13 years, denying KP the industrial gas connections it rightfully deserves. To compound the issue, despite not utilizing RLNG, KP is unfairly subjected to the RLNG & Natural Gas blended rate, imposing an unjust burden on the province.

Shah further underscores that the rights of KP, as enshrined in Article 158 of the constitution, guarantee the province the use of its natural gas resources, a promise that remains unfulfilled.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.