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Pakistan govt prioritizes gas supply to textile sector

11
Sep '12
In order to bring back the country’s highest foreign exchanging earning textile industry on track, Pakistan Government has prioritized providing uninterrupted gas supply to the industry, Dr. Asim Hussain, Adviser to the Prime Minister on Petroleum and Natural Resources, has said.
 
Addressing textile exporters at the Pakistan Textile Exporters Association (PTEA), he said President Asif Ali Zardari has already issued directions for preparation of a roadmap for reviving the country’s textile industry.
 
Severe gas crisis in the country necessitated extraordinary measures on an urgent basis, following which the Government is pursuing Iran-Pakistan and Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline projects, to ease the situation, he said. 
 
He added that textile manufacturers in Pakistan would experience less gas load-shedding during the coming winter season, as compared to last winter.
 
Though the Federal Advisor said that import of LNG would ease gas crisis, this, he said, would take some time.
 
Meanwhile, domestic gas production is estimated to increase by 400 cubic feet per day by mid-2013, which would reduce the demand-supply gap, Dr. Hussain said.
 
On Gas Infrastructure Development Surcharge (GIDS), he said adhering to the industrialists’ demand the Government has reduced the levy by 50 percent, and the gas development charges paid in advance would be adjusted in future bills.
 
Further, valuing the textile exporters’ contribution to the country’s development, Dr. Hussain said they have played a vital part in putting back the country on the economic development path.
 
Terming the country’s textile industry as a foundation of exports and an epitome of Pakistan’s manufacturing excellence, he said the Government would provide full support to textile exporters and make the business community a partner in development of the nation.
 

Fibre2fashion News Desk - India


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