Finance Minister directs restoration of Gas Supply to Export-Oriented Industry from next Friday (21.2.2014)

Finance Minister directs restoration of Gas Supply to Export-Oriented Industry from next Friday (21.2.2014)

Federal Minister for Finance Senator Mohammad Ishaq Dar today chaired a meeting to review restoration of gas to export-oriented industry on urgent basis in Ministry of Finance here today. The meeting was attended by Minister for Petroleum and Natural Resources, Mr. Shahid Khaqan Abbasi, MD SNGPL and senior officials from Ministry of Petroleum and Ministry of Finance.

The meeting participants reviewed existing provision of gas to export-oriented industry and noted that with improved weather conditions a revised gas load management plan was possible which enabled the SNGPL to restore gas supply to industry from next Friday (21.2.2014) to be continued for next fifteen days. The decision was taken to readdress the national economic growth related issues which did have sizeable contribution from export-oriented industry in the country. The SNGPL management briefed the Minister that with improved weather conditions and availability of demand driven savings, it was possible for the company to ensure restoration of gas supply to the export-oriented industry from next Friday.