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Ghiyas Abdullah Paracha, Chairman Supreme Council All CNG Association (APCNGA) on Thursday said CNG outlets of Punjab have become bankrupt because of gas suspension for the last six months. Addressing a press conference here, he said that the government promised to resume supply of natural gas to CNG industry of Punjab on March 15, but it proved to be another broken promise, he said.
He said that discontinued supply of natural gas to the CNG stations in Punjab has been contributing to increased oil import bill, pollution, unemployment and hurting investment climate. Paracha said that massive corruption is going undetected in the garb of suspension of supplies to CNG sector which is going unnoticed. He said that the Prime Minister has assured masses that no one will have to take to streets to get their issues resolved which did not materialize.
The leader of the CNG sector said that a powerful lobby wants to frustrate plans of the government to take energy crisis through importing LNG by fixing high prices which are discouraging for the private sector. The conspiracy has been aimed at giving undue benefit to some influential on the cost of country, he said, adding that absence of transparency has resulted in fears of failure of the import project.
He said that private sector is ready to import and use LNG to overcome problems associated with their businesses. Ghiyas Paracha said that gas shortfall stands at 200 mmcfd, pipelines have capacity for additional gas and re-gasification unit in Karachi is operational but things are being delayed. He asked Prime Minister Nawaz Sharif and Petroleum Minister Shahid Khaqan Abbasi to take note of numbness of gas companies and take corrective measures.

Copyright Business Recorder, 2015

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