Home / Knowledge / News / Textiles / APTMA decides to become party to CNG petition in SC
APTMA decides to become party to CNG petition in SC
01
Nov '12
All Pakistan Textile Mills Association (APTMA) has decided to become party to the CNG petition for working out a new pricing mechanism in Supreme Court.

Chairman APTMA has further demanded restricting the CNG usage exclusively to the public transport in order to provide genuine relief to the masses. While apprehending a quantum increase in the gas utilization by CNG sector, the APTMA leadership said this situation would lead to unbearable economic fallout ahead in the country. 
 
He has also proposed of restricting gas quota to 7% to the CNG sector as per claim of the CNG Association in the Supreme Court.
 
He said the CNG sector was utilizing 400MMCFD on both the SNGPL and the SSGC network besides another 75MMCFD as Unfound Gas (UFG) in actual, which comes around 20% utilization of gas by the CNG sector. The CNG Association, on the other hand, has pleaded before the Supreme Court that it was utilizing merely 7% gas on both networks, which was a wrong percentage. 
 
He said gas utilization of 475MMCFD by the CNG sector would cost Pakistan economy to the tune of Rs240 billion against existing loss of Rs300 billion under the head of circular debt.
 
He deplored that there was no specific quota allocation for the CNG sector. Resultantly, Pakistan has topped the CNG population of vehicles against ranking at 24th in gas production worldwide, he added.
 
He said there is an urgent need of setting the direction of the economy straight and it is right time to decide whether we should consume gas in private vehicles or generate cheap electricity through its prudent use to create millions of jobs in textile, fertilizer and power sectors of the country. 
 
According to him, cracking down the abnormal profits of the CNG sector by the Supreme Court was highly appreciative but it should also restrict the utilization of gas to the public transport. A similar decision was taken by the Indian court restricting gas utilization to the public sector, he added.
 
Chairman APTMA said that APTMA was stick to its demand of curtailing gas supply for 90 days to the CNG sector during winter to keep exports and employment intact in country. 
 

All Pakistan Textile Mills Association (APTMA)


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kerem Durdag
Biovation II LLC

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Bani Batra

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search