AIRLINK 74.25 Decreased By ▼ -0.04 (-0.05%)
BOP 4.94 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.35 Decreased By ▼ -0.02 (-0.46%)
DFML 39.20 Increased By ▲ 0.40 (1.03%)
DGKC 85.33 Increased By ▲ 0.51 (0.6%)
FCCL 21.25 Increased By ▲ 0.04 (0.19%)
FFBL 33.85 Decreased By ▼ -0.27 (-0.79%)
FFL 9.68 Decreased By ▼ -0.02 (-0.21%)
GGL 10.42 No Change ▼ 0.00 (0%)
HBL 112.85 Decreased By ▼ -0.15 (-0.13%)
HUBC 136.86 Increased By ▲ 0.66 (0.48%)
HUMNL 11.99 Increased By ▲ 0.09 (0.76%)
KEL 4.72 Increased By ▲ 0.01 (0.21%)
KOSM 4.40 Decreased By ▼ -0.04 (-0.9%)
MLCF 37.80 Increased By ▲ 0.15 (0.4%)
OGDC 137.70 Increased By ▲ 1.50 (1.1%)
PAEL 25.25 Increased By ▲ 0.15 (0.6%)
PIAA 20.03 Increased By ▲ 0.79 (4.11%)
PIBTL 6.67 Decreased By ▼ -0.04 (-0.6%)
PPL 122.35 Increased By ▲ 0.25 (0.2%)
PRL 26.82 Increased By ▲ 0.17 (0.64%)
PTC 13.85 Decreased By ▼ -0.08 (-0.57%)
SEARL 57.60 Increased By ▲ 0.38 (0.66%)
SNGP 67.11 Decreased By ▼ -0.49 (-0.72%)
SSGC 10.34 Increased By ▲ 0.09 (0.88%)
TELE 8.41 Increased By ▲ 0.01 (0.12%)
TPLP 11.18 Increased By ▲ 0.05 (0.45%)
TRG 63.14 Increased By ▲ 0.33 (0.53%)
UNITY 26.62 Increased By ▲ 0.12 (0.45%)
WTL 1.44 Increased By ▲ 0.09 (6.67%)
BR100 7,810 No Change 0 (0%)
BR30 25,266 Increased By 115.8 (0.46%)
KSE100 74,911 Decreased By -46.1 (-0.06%)
KSE30 24,072 Decreased By -11.3 (-0.05%)

The businessmen and manufacturers of the value-added textile sector urged the government to ensure uninterrupted gas supply to the industries in South Punjab. President of Multan Chamber of Commerce and Industry (MCCI) Fareed Mughis Sheikh said the gas moratorium on high-rise buildings should remain intact and instead adequate supply of gas be ensured to the industries.
On April 4, the government lifted ban on new gas connections for high-rise buildings. Fareed Sheikh said that as a result of the decision, hundreds of skyscrapers will now be supplied with natural gas. This will affect export-oriented industries which badly require natural gas. He further said that all over the Middle East residential complexes were being supplied with liquefied petroleum gas (LGP). In Pakistan, the Sui gas field was discovered in 1952 and production of gas started in 1955. The MCCI President said that from 1955-1970, the government policy for gas utilisation was for industry and power generation.

Copyright Business Recorder, 2016

Comments

Comments are closed.