Home / Knowledge / News / Textiles / Dr Asim assures 4-days a week gas supply to textile industry
Dr Asim assures 4-days a week gas supply to textile industry
07
Nov '11
Federal Minister for Petroleum and Natural Resources Dr Asim Hussain has assured of four days a week uninterrupted gas supply to the textile industry in Punjab during winter, which may further be enhanced to five days a week with entry of 200MMCFD in the system sooner than later.

He was talking the All Pakistan Textile Mills Association (APTMA) members at the APTMA Punjab office along with group leader Gohar Ejaz. Chairman APTMA Mohsin Aziz participated in the meeting through video-con from Peshawar.

The Federal Minister said he has asked the ANV companies (working on exploration of gas) to increase production up to 200MMCFD for three months to meet gas shortage for textile industry during winter.

It may be noted that the textile industry in Punjab had strong apprehensions of 90 days gas supply cut during winter. However, the minister dispelled the impression and made clear that the four days a week gas supply would continue uninterrupted, followed by five days a week gas supply accordingly.

He said a number of measures including gas infrastructure surcharge, gas theft act, levy on domestic LPG and end of price distortion have been taken to streamline gas supply to the consumers, particularly the textile industry.

The federal minister also stated categorically that the CNG stations are proving a burden on industrial growth as they are consuming textile industry gas.

According to him, 500MMCFD shale gas would be part of the system within two years in result of further explorations. Dr Asim said he would be in a position to share good news with the nation about new gas finds in Sindh within next 10 days.

He said the system was producing 29 trillion MMCFD gas at present, having a potential of 79 trillion MMCFD in future.

Earlier, Chairman APTMA Mohsin Aziz highlighted the role of textile industry in Pakistan economy in his welcome address. He said Punjab was the house of 60% of the textile industry and any gas curtailment would end up on joblessness, followed by socio-economic problems.

Rana Arif Tauseef from Pakistan Textile Exports Association proposed the minister for gas supply to processing units on quota basis to run generators on gas. He said the processors would shift boilers to alternate fuel during winter gas load management plan.

Group leader APTMA Gohar Ejaz urged the APTMA members to give a standing ovation to the federal minister. He said the industry was looking at the government with a big hope to keep its operations intact during next three months.

Shahzad Ali Khan, Chairman Energy Committee APTMA, paid vote of thanks on the occasion.

All Pakistan Textile Mills Association (APTMA)

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search