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APTMA seeks resolution of energy issues from new MPNR
17
May '11
Chairman All Pakistan Textile Mills Association (APTMA) Gohar Ejaz has felicitated Dr Asim Hussain on assuming the office of Federal Minister for Petroleum and Natural Resources (MPNR).

He has expressed the hope that the ministry, under able guidance of Dr Asim Hussain, would resolve the energy issue including shortage, mismanagement and utilization of natural gas as a source for using and energizing the industry in the larger economic interest.

Chairman APTMA said in his facilitation message that the textile industry is a major sufferer of energy crisis. Unprecedented suspension of gas supply from the SNGPL network for over three days a week has affected production capacities to the extent over 43 percent.

He said the APTMA had assured President Asif Ali Zardari during its annual dinner at Aiwan-e-Sadr on 11th February 2011of US$14 billion exports this year. The energy shortage is proved a stumbling block in particular during the remaining financial year, he added.

According to him, the textile industry looks for energy mix at an affordable rate besides a reliable and transparent distribution system and a repositioning on priority list under the energy policy.

Further, he said, the textile industry also seeks generation of 6000MW electricity in 3 years through hydel, coal and gas under medium term plan of energy policy besides removal of subsidies without delay.

Chairman APTMA also appealed the Federal Minister to ensure import of 1000MMCFD LNG Gas to meet the shortage and distribute through SNGPL and SSGC network on the basis of weighted average which will cost all consumers 20 percent higher but will end the shortage which is causing 43 percent load shedding of industry on SNGPL network.

He expressed the hope that the Federal Petroleum Minister would contract LNG floating ship to induct gas in the system before winter as a six month project, subsequently the construction of permanent LNG terminal as one year project on war footing as his top priority agenda.

All Pakistan Textile Mills Association (APTMA)

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