Wednesday, November 13, 2019

Depleting natural gas in Pakistan: Residential sector to move on LPG

Featured

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...
Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

In recent past natural gas reserves in Pakistan witnessed depletion. Both Sui Northern Gas Company Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC) have cautioned that within 5 years of span gas reserves in the country may see the dip around 40 percent.

 

Chairman LPG distributors Association of Pakistan Irfan Khokhar while commenting of gas depletion said that that natural gas seen a major decline in the last three years.

 

In the next three years, all the residential units of Pakistan will have to move to LPG. The resources of natural gas will decrease in near future.

 

Khokhar urged the Government to immediately review the LPG Policy 2016.

 

He said that the LPG production should be equally divided on all LPG marketing companies and they should be directed to add 50% of import in order to benefit residential users.

 

Chairman LPG distributors Association said on local production of LPG gas, premium bonuses should be terminated that the public can get relief.

 

If the Government will not cut the tax on imported LPG, then the LPG cylinder would not have been available at Rs 3,000.

 

With the incumbent government’s public relief policy, the LPG was available on Rs 120 per kilogram but some corners are still hoarding the LPG.

 

Government should remove the bottlenecks and immediately announce clear stance on LPG sector, said Khokhar

 

Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

Latest News

Venice fills with water after heavy rains and flood

Venice: Destruction and devastation caused by heavy rains on many streets and squares of Italy, which turned into floods...

Napkin stuck in President Trump’s shoes after coming off his car .. Photos

Reuters news agency published pictures of US President Donald Trump as he got out of his car, and was noticed after the descent of...

House committee will hold public hearings on Trump’s accountability next week

The US House of Representatives Intelligence Committee will hold three days of public hearings next week as part of its inquiry into President Donald...

Turkey’s iron woman Miral Akchnar slams Erdogan’s son-in-law on economic downturn

Miral Akchnar, head of Turkey's opposition Al-Khair Party, nicknamed "Iron Woman", launched a fierce attack on Finance Minister Berat Albayrak and brother-in-law of President Recep...

Morales announced departure of Bolivia: “I will return stronger”

Outgoing Bolivian President Evo Morales has confirmed his acceptance of political asylum in Mexico, stressing that he is now heading to Mexico. "My brothers and...
- Advertisement -

Related News