KARACHI: State Minister for Petroleum Musadik Malik on Wednesday said that crude oil supply from Russia to Pakistan will start by the end of this month.

Also, he assured that the domestic gas consumers of Karachi will get adequate gas supply during Sehri and Iftari timings.

In his media talk after convening a meeting with business community at Karachi Chamber of Commerce and Industry (KCCI), Musadik said negotiations with Russia are going forward on a fast track basis, and the first cargo shipment will reach Pakistan by the end of April.

Malik said the country is facing gas shortages these days, as indigenous resources are fast depleting. The total gas production is around 16,00 mmfcd whereas demand is much higher. The government is trying to manage this issue with a blend of local and imported fuel.

To a query, the minister said that new gas connections will remain suspended as long as the gas availability issue is not resolved.

“I have been conducting stakeholders meetings to find a better solution.”

I am going to hold a meeting with Sui Southern Gas Company (SSGC) management this evening and ask them to ensure gas supply to domestic consumers especially during the Sehri and Iftar timings.

Copyright Business Recorder, 2023