Govt work­ing on gas pipe­line pro­ject worth Rs150b: Ab­basi

The Pak Banker - - NATIONAL -

Pe­tro­leum and Nat­u­ral Re­sources Min­is­ter Shahid Khaqan Ab­basi said on Thurs­day that govern­ment will elim­i­nate the en­ergy cri­sis be­fore the end of its five-year term.

" Soloution of en­ergy cri­sis lies in gas adding that if we will able to end gas short­age there will be no load shed­ding in the coun­try be­fore the end of our ten­ure in our five-year ten­ure ," Ab­basi said this while talk­ing to me­dia af­ter the 1st LPG & LNG Con­fer­ence.

While an­swer­ing the ques­tion Shahid re­gard­ing seiz­ing of Pe­tro­leum min­istry record by NAB dur­ing the in­ves­ti­ga­tion of Dr Asim case he de­nied that any such in­ci­dence. He how­ever, said that they were ready to help NAB and pro­vide them record if they will ask us to pro­vide record.

He also said that Pak­istan is the only coun­try where prices of pe­tro­leum prod­ucts are lower then any other coun­try in the world. He said that in fu­ture they will also pass on re­lief to the masses if the price of pe­tro­leum prod­ucts drop in the in­ter­na­tional mar­ket. Ab­basi said it was un­for­tu­nate that the only so­lu­tion to the en­ergy cri­sis was im­ported gas.

"We are work­ing on a pipe­line pro­ject worth Rs150 bil­lion and will start work on an­other pipe­line cost­ing Rs250 bil­lion to pro­vide gas to the con­sumers."The con­fer­ence was ad­dressed by Chair­man LPG As­so­ci­a­tion of Pak­istan Fa­rooq Iftikar, Mohsin Saulat MD In­ter­state Gas Sys­tems, Shah­ja­han Mirza MD Pri­vate Power In­fra­struc­ture Board, Asad Gi­lani Sec­re­tary En­ergy Govern­ment of Pun­jab and Syed Akhtar Ali mem­ber en­ergy Plan­ning Com­mis­sion of Pak­istan, Saeed An­sari and the rep­re­sen­ta­tives of SNPL, SSGC and PSO shared their views on this oc­ca­sion.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.