AGL 38.00 Increased By ▲ 0.01 (0.03%)
AIRLINK 213.61 Increased By ▲ 3.23 (1.54%)
BOP 9.45 Decreased By ▼ -0.03 (-0.32%)
CNERGY 6.37 Decreased By ▼ -0.11 (-1.7%)
DCL 9.19 Increased By ▲ 0.23 (2.57%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 95.30 Decreased By ▼ -1.62 (-1.67%)
FCCL 35.50 Decreased By ▼ -0.90 (-2.47%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 15.61 Increased By ▲ 0.66 (4.41%)
HUBC 128.99 Decreased By ▼ -1.70 (-1.3%)
HUMNL 13.29 No Change ▼ 0.00 (0%)
KEL 5.44 Decreased By ▼ -0.06 (-1.09%)
KOSM 6.86 Decreased By ▼ -0.07 (-1.01%)
MLCF 43.70 Decreased By ▼ -1.08 (-2.41%)
NBP 59.15 Increased By ▲ 0.08 (0.14%)
OGDC 228.00 Decreased By ▼ -2.13 (-0.93%)
PAEL 38.59 Decreased By ▼ -0.70 (-1.78%)
PIBTL 8.29 Decreased By ▼ -0.02 (-0.24%)
PPL 198.99 Decreased By ▼ -1.36 (-0.68%)
PRL 38.68 Decreased By ▼ -0.20 (-0.51%)
PTC 26.47 Decreased By ▼ -0.41 (-1.53%)
SEARL 101.50 Decreased By ▼ -2.13 (-2.06%)
TELE 8.42 Decreased By ▼ -0.03 (-0.36%)
TOMCL 35.22 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.35 Decreased By ▼ -0.17 (-1.26%)
TREET 24.85 Decreased By ▼ -0.16 (-0.64%)
TRG 68.06 Increased By ▲ 3.94 (6.14%)
UNITY 34.30 Decreased By ▼ -0.22 (-0.64%)
WTL 1.73 Decreased By ▼ -0.05 (-2.81%)
BR100 12,038 Decreased By -58.2 (-0.48%)
BR30 37,455 Decreased By -259.7 (-0.69%)
KSE100 111,967 Decreased By -448.1 (-0.4%)
KSE30 35,292 Decreased By -216.2 (-0.61%)

Fertiliser Price Review Committee (FPRC) was informed on Wednesday that the stock of urea fertiliser in the country is about to get exhausted and if urea producing units are not provided with proper gas supply immediately, the country might confront several crises, sources said here on Thursday.
The FPRC meeting recommended to Prime Minister that gas load management might be curtailed to 30 days instead of 45 days as per the practice of previous years. Furthermore, decision of gas diversion to fertiliser manufacturing companies from Mari Gas Station, already taken by FPRC and ECC, maybe implemented immediately.
The meeting expressed dissatisfaction over the delay on gas pipeline for an IPP project by the ministry of water and power, from which gas supply would be given to urea fertiliser producing unit.
Under the directives of Chairman of FPRC Mir Hazar Khan Bijarani, a summary regarding curtailment of gas to 30 days and supply of gas to fertiliser producing unit has been prepared and sent to Prime Minister for approval. With the approval and implementation on both recommendations, about 0.2 million tonnes of urea would be produced locally within 15 days.
Moreover, a two-member delegation comprising federal secretary industries & production and federal secretary food & agriculture has been tasked to negotiate summary with the concerned Saudi authorities for an immediate import of 225,000 tonnes of urea through the Saudi Basic Industries Corporation (SABIC) facility. The delegation is going to negotiate with the authorities in a day or two.
Meanwhile, Anjuman Kashtkaran Punjab (AKP), strongly criticising continuous increase in the prices of urea fertiliser, has claimed that it is now out of the reach of farmer. It said urea fertiliser has registered increase of many hundred rupees during last week and its application in the crops has decreased because of being very expensive, which might also result in one-third reduction in national crop production.
AKP President Abdul Ali Zakir Usmani said in a statement, here on Thursday, that the government first hit masses and farmers with 'diesel, electricity and gas bombs' and now has dropped fertiliser bomb on the growers. They said that people are already disturbed due to unjustifiable increase in the prices of electricity and petroleum products.
They claimed that the increase in urea prices might result in less wheat production than the target fixed for this year. They termed it a cruel act of the government, saying it is 'gifting price-hike' to the masses on the arrival of new-year. Kisan Board Pakistan leaders warned the rulers to stop bombing farmers with diesel, electricity and fertiliser bombs, otherwise farmers would dislodge them with 'protest bombs'.

Copyright Business Recorder, 2011

Comments

Comments are closed.