ISLAMABAD: Minister for Petroleum Dr Mossadak Malik on Thursday warned of ‘isolated bankruptcy’ in the petroleum sector unless the transfer of transport, cooking and transfer for heating purposes with electricity rates. The average price of import, pipe and wheel head gas was introduced.
While testifying to the National Assembly’s Standing Committee on Petroleum, Mr Malik also blamed the PTI government for two key decisions as a result of economic hamstring – additional liquid natural gas (LNG) cargo contract While the demand is slowing down and all industrial captive power plants (CPPS) were to be pledged and pledged to move. From the supply of gas to the National Power Grid that the government could not see because of the IMF.
The minister also revealed that the policy of bio-fuel-ethanol has been finalized and within a month after the cabinet approval, it will be announced to bring all standards of petroleum products to the euro 5. He also reported that SUI Northern Gas Pipelines Limited (SNGPL) has reduced system gas losses to 5pc, which is less than the targets set by the regulator through considerable investment. –
However, the losses of the SSGCL system were 13-15 PCs on the top of the PC as its 50 pc was damaged from Balochistan, yet its total gas supply is 17-20pC. The integrity of the gas meter was difficult to ensure.
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The committee, headed by Syed Mustafa Mahmood, expressed concern over the Balochistan High Court’s order that he received more than Rs 5,700 a month to consumers in the provinces, regardless of the use of Sui Southern Gas Company Limited (SSGCL). Prevents from doing. Mr Malik said that this is a judicial intervention in administrative matters. Members of the committee said it should be challenged. Mr Malik and his team said that the order was challenged on the first day, but it remained in its place, and the government and its institutions had to comply.
Against the need for Article 158 of the Constitution, Sindh’s industrial units from Balochistan to Balochistan, on the objections of Syed Naveed Qamar, where the gas is produced is guaranteed. The gas supply was low but the summer surplus. Therefore, the turn was bilateral between Sindh and Balochistan, and it did not violate the constitutional requirements.
Even if it was against the constitutional spirit, the same arrangement was made under several previous petroleum ministers and governments, including PPP, PTI and PMLN. Nevertheless, the entire scheme can be reviewed on the advice of the parliamentarian, including former petroleum ministers. However, he warned that any negative arrangement could lead to a sense of alienation among the people of Balochistan, which had to be preserved in the extreme winter and could not be left at the mercy of the weather situation.
Dr. Malik said that the price of domestic gas for LNG is about Rs 2,150 per unit for the industry. He said that the price of the two will be an average of Rs 2,400-2,600, where it will be viable for the power sector, with four LNG-based plants mostly unable on merit order. –
He added that even adding gas price to the Wheel Head can reduce the price of average gas by Rs 1,700 per unit and in this system to use imported LNG instead of a glute Can help reduce domestic gas production at damage. Producers, consumers and the whole country.
He said that gas supply is available for only 30 PC population while 99 PC population has access to electricity. Therefore, the incentive of a policy through the power sector can benefit most of the population in the form of low rates and place and water temperature effective supply of water, and it is rather than a limit in the gas network and its use. Was and economically beneficial that was not. Also good for the environment.
Dawn, appeared on February 7, 2025
