Tuesday, November 12, 2019

Curbing gas theft in Karak only to save Rs 10 billion annually: Mian Zahid 


Trump said: Sondland is great American now President’s famous ‘U-turn’

President Donald Trump has a history of distancing himself from associates who have found themselves in legal trouble or...

Babri mosque: Indian Supreme Court ruled in favor of Hindus in a dispute over a religious position with Muslims

India's Supreme Court on Saturday ruled in favor of a Hindu group in a long-running legal battle over a...

France Visa: New point-based skilled immigrant program to be enforced by summer 2020

France will introduce new point-based skilled immigrant program (France Visa), will come to force by summer 2020. French government...
Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday lauded the decision of the Prime Minister Imran Khan to nail gas thieves. The countrywide operation is laudable but incomplete unless action is initiated in the district of Karak and adjoining areas, he said.

Mian Zahid Hussain said that Prime Minister has directed the authorities to take actions against personnel of gas companies who are facilitating in gas theft which is a commendable move.

Talking to the business community, he said that people involved in the theft of gas cannot be discouraged unless the officials of the gas companies are taken to the task as Sui Northern Gas Pipeline Limited and Sui Southern Gas Company have claimed that they are facing the loss of worth Rs45 billion to theft, leakage and other reasons. He said that gas over Rs10 billion is stolen in the Karak alone in which domestic, commercial and industrial consumers are involved while district administration and police have never taken a serious action against offenders which has encouraged them.

The veteran business leader said that sometimes FIRs are registered due to the efforts of gas companies and FIA but it is not enough to deter the wrongdoers.

The former minister noted that large quantities of oil was also stolen in Karak and 75 FIRs were registered but to no avail despite the interest of Standing Committees on oil and gas. He demanded a merciless operation against gas thieves so that the gas sector circular debt and frequent tariff hike could be controlled. The policy of gas companies to keep names of the big fish involved in gas theft should be changed without delay, he said.

Read also: US, Iran tensions can push oil beyond $100 a barrel: Mian Zahid

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

Latest News

US Presidential campaign 2020: Five confrontations on the sidelines of the elections

US Presidential campaign 2020: The United States appears to be on the verge of electoral confrontations on the sidelines...

Gantz will meet Yisrael Beiteinu party head to avoid new elections

Benny Gantz, head of the Blue-White coalition, said Monday that he will meet with Yisrael Beiteinu leader Avigdor Lieberman on Tuesday as part of...

Farage declares not to compete for conservative seats in the upcoming elections

Britain's Brexit party leader Nigel Farage has said he will not contest 317 seats in the Conservative Party in 2017, in light of the...

Germany: Europe should consider renewing sanctions on Iran’s nuclear deal breach

Britain, France and Germany should be prepared to respond to Iran's violations of the 2015 nuclear deal, which could mean the resumption of international...

Singapore bans electric scooters

Singapore is serious about wrestling with the tide of electric scooters: The strict Southeast Asian city-state, which offers virtually no bike paths, banishes them...
- Advertisement -

Related News