AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)
Markets

5-day gas closure harmful for industry sector: PYMA

FAISALABAD: The Pakistan Yarn Merchants Association (PYMA) Punjab-PK Pakhtoon Khwa has expressed resentment over 5-day
Published February 27, 2011

FAISALABAD: The Pakistan Yarn Merchants Association (PYMA) Punjab-PK Pakhtoon Khwa has expressed resentment over 5-day gas closure for Punjab province and termed it harmful for the industry and textile sector.

The Chairman of PYMA Syed Faheem Mehmood Shah, while talking to media persons here on Sunday said that the load shedding of electricity coupled with unprecedented closure of gas have spelled a devastating effect on the over-all industrial growth of the province.

He claimed that with the closure of over 650 Industrial Units in this region have rendered millions of workers jobless.

He said this unwise decision would also affect over all national economy of the country.

He said this issue was repeatedly taken up with the concerned authority  by the stakeholders and it had repeatedly been assured that only 2 days gas outage would be allowed but despite this assurance, the SNGPL has been suspending gas supply for 84 hours per week and now the gas outage has been increased up to 5 days a week.

He said that with 5 day holidays, no industry could survive.      He also claimed that there was not shortage of gas in the country as the weather has altogether been changed. It is only an issue of mismanagement at highest level.

He demanded of the government to accelerate the Pak-Iran Gas Supply Project to ensure uninterrupted and round-the-year gas supply to the industrial sector.

He also demanded of the government to take immediate steps for uninterrupted gas supply to safe the Industrial sector in the country.

Copyright APP (Associated Press of Pakistan), 2011

Comments

Comments are closed.