Pakistan is on the verge to explore new gas reserves. The statement came out by Federal Minister for Petroleum and Energy, Omar Ayub, to tackle the country’s demand.
In a meeting held under the Council of All Pakistan Textile Exporters Association, Omar Ayub said that with the discovery of new gas reserves, local gas reserves are expected to increase in the next five years.
He further told that 350 MMCF gas would be supplied to SSGCL to meet the shortage in the south due to the increasing demand for gas in the north in winter.
Special Assistant to the Prime Minister for Petroleum, Nadeem Babar also informed that the impression that the federation wants a reduction in gas supply to the provinces is not correct. In fact, the federation believes in the supply of gas across the country according to national demand and supply.
Omar Ayub and Nadeem Babar, taking interest in the existing facility of Karachi port, asked about the complaints received from the companies that due to delay, payment of damages has to be made which is a matter of concern for the companies. Chairman KPT explained that the reason was the reduction in the discharging rate.