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The All Pakistan CNG Association on Monday said the visit of Emir of Qatar Sheikh Tamim bin Hamad Al-Thani will pave way for long-term bilateral relations which will benefit both brotherly Islamic countries.
"It is beginning of a new era which will ensure close co-operation between two countries resulting in economic uplift," APCNGA leader Ghiyas Abdullah Paracha said in a statement.
The invitation extended by Prime Minister Nawaz Sharif shows his desire to resolve the energy crisis which is an issue "bigger than terrorism".
"The visit of the Emir of Qatar will ensure swift arrival of LNG as Qatar is the largest exporter of that fuel. Many countries have benefited from the import of LNG and Pakistan is emerging as a big buyer of the Qatari LNG," he said, adding that Pakistan can import 2000 mmcfd of LNG.
He said it will save Rs 450 billion investments in the CNG sector, save millions of jobs and hefty foreign exchange. The government co-operation has enabled the transport sector to receive and start using LNG. LNG for the transport sector would result in world's biggest LNG chain helping millions to avail affordable transportation, he said.
He said using LNG for power generation will enhance efficiency of power plants, reduce pollution and cut cost of generation which will reduce electricity tariff for the people, agriculture and industry.
He said that efforts of the incumbent government would enhance bilateral co-operation in various fields, including energy, investment, trade, defence and manpower. Agreements will further deepen mutually beneficial co-operation existing between two countries in various fields. He said over 1,00,000 Pakistanis were working in Qatar sending precious foreign exchange which helps the government balance budget.

Copyright Business Recorder, 2015

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