AIRLINK 193.56 Decreased By ▼ -1.27 (-0.65%)
BOP 9.95 Increased By ▲ 0.14 (1.43%)
CNERGY 7.93 Increased By ▲ 0.57 (7.74%)
FCCL 40.65 Increased By ▲ 2.07 (5.37%)
FFL 16.86 Increased By ▲ 0.41 (2.49%)
FLYNG 27.75 Increased By ▲ 0.21 (0.76%)
HUBC 132.58 Increased By ▲ 0.83 (0.63%)
HUMNL 13.89 Increased By ▲ 0.03 (0.22%)
KEL 4.60 Decreased By ▼ -0.06 (-1.29%)
KOSM 6.62 Decreased By ▼ -0.04 (-0.6%)
MLCF 47.60 Increased By ▲ 2.21 (4.87%)
OGDC 213.91 Decreased By ▼ -0.08 (-0.04%)
PACE 6.93 Increased By ▲ 0.07 (1.02%)
PAEL 41.24 Increased By ▲ 1.18 (2.95%)
PIAHCLA 17.15 Increased By ▲ 0.36 (2.14%)
PIBTL 8.41 Increased By ▲ 0.09 (1.08%)
POWER 9.64 Increased By ▲ 0.21 (2.23%)
PPL 182.35 Increased By ▲ 0.16 (0.09%)
PRL 41.96 Increased By ▲ 0.13 (0.31%)
PTC 24.90 Increased By ▲ 0.34 (1.38%)
SEARL 106.84 Increased By ▲ 4.31 (4.2%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 40.10 Increased By ▲ 0.66 (1.67%)
SYM 17.47 Increased By ▲ 0.14 (0.81%)
TELE 8.84 Increased By ▲ 0.08 (0.91%)
TPLP 12.75 No Change ▼ 0.00 (0%)
TRG 66.95 Increased By ▲ 1.55 (2.37%)
WAVESAPP 11.33 Increased By ▲ 0.22 (1.98%)
WTL 1.79 Increased By ▲ 0.09 (5.29%)
YOUW 4.07 Increased By ▲ 0.13 (3.3%)
BR100 12,045 Increased By 70.8 (0.59%)
BR30 36,580 Increased By 433.6 (1.2%)
KSE100 114,038 Increased By 594.4 (0.52%)
KSE30 35,794 Increased By 159 (0.45%)

The SNGPL has cut down gas supply frequency to three and half days from five days a week to the textile industry, said Chairman APTMA Gohar Ejaz Sunday. He said President Asif Ali Zardari had directed the SNGPL to ensure five days a week supply to textile in end-February. A notification to this effect was issued accordingly on February 28, 2011.
However, he said the latest notification of March 26, 2011 is suggesting a supply cut of 3.5 days a week now. "The industry is in a state of shock," said Chairman APTMA.
Earlier, he recalled, the SNGPL had turned down directions from the Cabinet Committee on Textile and Prime Minister. "And now they have treated similarly to the directions from President," he deplored. The SNGPL has cut gas supply to textile for supplying 150MMCFD to power plants and 80MMCFD to the Engro plant, he added.
Gohar said an uninterrupted gas supply was due right of textile industry with the start of summer but it is being forced to shut 50 percent operations in a week. Textile industry is meeting a harsh treatment when it is earning $1.3 billion exports a month, he added.
"This situation would cripple down the industry altogether," he feared. Gohar has urged the SNGPL authorities to toe their commitment extended to the President Asif Ali Zardari a month back and ensure uninterrupted supply to textile industry. Otherwise, he added, the industry would have no option but to seek an intervention from the President of Pakistan.

Copyright Business Recorder, 2011

Comments

Comments are closed.