AGL 37.55 Increased By ▲ 0.05 (0.13%)
AIRLINK 218.49 Decreased By ▼ -4.40 (-1.97%)
BOP 10.68 Decreased By ▼ -0.14 (-1.29%)
CNERGY 7.32 Decreased By ▼ -0.24 (-3.17%)
DCL 9.10 Decreased By ▼ -0.32 (-3.4%)
DFML 40.35 Decreased By ▼ -0.61 (-1.49%)
DGKC 102.20 Decreased By ▼ -4.56 (-4.27%)
FCCL 34.40 Decreased By ▼ -2.67 (-7.2%)
FFL 19.50 Increased By ▲ 0.26 (1.35%)
HASCOL 12.82 Decreased By ▼ -0.36 (-2.73%)
HUBC 130.69 Decreased By ▼ -1.95 (-1.47%)
HUMNL 14.42 Decreased By ▼ -0.31 (-2.1%)
KEL 5.27 Decreased By ▼ -0.13 (-2.41%)
KOSM 7.20 Decreased By ▼ -0.28 (-3.74%)
MLCF 45.45 Decreased By ▼ -2.73 (-5.67%)
NBP 65.79 Decreased By ▼ -0.50 (-0.75%)
OGDC 220.12 Decreased By ▼ -3.14 (-1.41%)
PAEL 44.25 Increased By ▲ 0.75 (1.72%)
PIBTL 9.08 Increased By ▲ 0.01 (0.11%)
PPL 192.28 Decreased By ▼ -5.96 (-3.01%)
PRL 41.60 Decreased By ▼ -0.64 (-1.52%)
PTC 26.69 Decreased By ▼ -0.70 (-2.56%)
SEARL 107.29 Decreased By ▼ -2.79 (-2.53%)
TELE 10.32 Decreased By ▼ -0.20 (-1.9%)
TOMCL 35.86 Decreased By ▼ -0.76 (-2.08%)
TPLP 14.48 Decreased By ▼ -0.47 (-3.14%)
TREET 25.86 Decreased By ▼ -0.67 (-2.53%)
TRG 67.34 Decreased By ▼ -1.51 (-2.19%)
UNITY 33.50 Decreased By ▼ -0.69 (-2.02%)
WTL 1.75 Decreased By ▼ -0.04 (-2.23%)
BR100 12,291 Decreased By -72.5 (-0.59%)
BR30 37,354 Decreased By -863.8 (-2.26%)
KSE100 116,637 Decreased By -482.9 (-0.41%)
KSE30 36,770 Decreased By -166.8 (-0.45%)

KARACHI: Khawaja M Zubair, Chairman, the Karachi Cotton Association (KCA), has expressed his extreme concern over the low gas pressure and closure of gas supply to the EOS - “Export Oriented Sector” of Sindh and Balochistan, which are contributing more than 52 percent in total textile exports of Pakistan.

He observed that due to extremely low gas pressure and frequent unavailability of gas supply to the EOS located in Sindh and Hub area of Balochistan, it has become very difficult to run the industry. He also observed that despite the Government’s intention to facilitate the EOS with a view to boost exports and earn valuable foreign exchange for the country, they are not being provided full and uninterrupted supply of gas resulting in the EOS of the above referred two provinces are unable to achieve their production target and fulfil their export commitments due to which their foreign buyers might likely to divert their orders to other countries.

With a view to save the EOS of Sindh and Balochistan from total closure, Khawaja M Zubair, Chairman, the KCA urges upon the government to immediately intervene in this serious issue of national interest and issue directive to the gas supply companies to provide gas first to the EOS including textile industry enabling them to meet their production target, fulfil their export commitments without any disruption and continue to play their important role in the growth of country’s economy.

Copyright Business Recorder, 2022

Comments

Comments are closed.