Prime Minister tells ministry to provide extra gas to industry

Prime Minister Nawaz Sharif has reportedly directed the ministry of petroleum to provide two days additional gas per week to the industry to help it achieve optimal production. An official who attended the meeting said the Prime Minister also directed the Finance Ministry to provide required subsidy to power sector during winter with the objective to enhance electricity supply to industrial units in the remaining days of the week to bridge the energy supply gap.

The Prime Minister directed the Planning Commission and Ministry of Water and Power towards demand-supply situation of electricity for the next five years as well as about the projects in the pipeline for power generation. The Prime Minister wanted close co-ordination among the three ministries, Finance, Water and Power and Petroleum, at least for next three months to ensure availability of gas and electricity to industrial units so that they could reap the benefit of GSP Plus status, he added.

Nawaz was chairing a meeting to review the energy situation in the country. The meeting was attended by Minister for Finance Ishaq Dar, Minister for Planning and Development Ahsan Iqbal, Minister for Water and Power Khawaja Asif and Minister for Petroleum Shahid Khaqan Abbasi. The PM was given a detailed briefing on the energy situation in the country.

The Prime Minister was informed that the implementation status of the Jamshoro coal-based power plant, Diamer Bhasha and Dasu dams, including Tarbela extension project was discussed in the meeting. The Prime Minister directed enhancement of the pace of work on these projects. Nawaz said that to overcome energy shortage and provide cheap energy to masses, more cheap resources of power would be explored. The ministry of water and power was directed to provide projected demand and supply position of electricity for next five years, ie, 2014-18, to adequately address the growing demand for power. The Prime Minister also sought regular update on the status of implementation of the energy projects.

Recorder Report

Source: Business Recorder