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The Executive Committee of Rawalpindi Chamber of Commerce and Industry (RCCI) showed concerns over unavailability of gas and low pressure in the City with the start of winter season. President RCCI Syed Asad Mashadi while chairing the executive committee meeting here on Monday has said that after postponement of Pak-Iran gas pipeline project due to international sanctions on Iran, the government should speed up work on Turkmenistan, Afghanistan, Pakistan & India (Tapi) gas pipeline project to fulfil the local requirements as country has no option left to run the industry.
He said with the recent visit of Afghan President Ashraf Ghanni a positive change at every level could be seen and ice of cold relations was melting. "Pakistan is facing worst energy crunch of the history if solid measure cannot be taken it will destroy the national industry," he added.
Senior Vice President Main Humayun Pervaz and Vice President Saboor Malik were also present on the occasion. Asad Mashadi while commenting Iran-Pakistan gas pipeline project said the business community understood the constraints of government and willing to support for the betterment of national economy. But it was the responsibility of the government to early adopt the option left for the country, he said.
Mashadi said despite all problems and challenges business community saw the light at the end of the tunnel and hopeful that government would resolve the issue soon. While explaining about the details of Tapi, President RCCI has said that initially 27 billion cubic meter gas would be provided through Tapi in which Afghanistan would get the share of two billion cubic meter while Pakistan and India would get 12.5 billion cubic meter each and this project was likely to be completed in 2017. He said, "We can only compete in international trade markets if uninterrupted electricity and gas is provided to industry on cheaper rates."-PR

Copyright Business Recorder, 2014

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