Sunday, January 19, 2020

KCCI expresses dismay over gas suspension to industries, demands immediate restoration

Featured

Mother cries beside her son’s coffin, among the victims of Ukrainian plane crash

A mother cried during the funeral of her son, one of the victims of the Ukrainian plane, which was...

NASA: 2019 Was the 2nd-Hottest Year on Record

According to independent analyses by NASA and the National Oceanic and Atmospheric Administration (NOAA), Earth's global surface temperatures in...

Prince Harry asks CEO Disney to give Meghan a job

Britain's Queen Elizabeth agreed that her grandson, Prince Harry and his wife, Megan, would give up their royal duties...
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 Karachi Chamber of Commerce and Industry (KCCI) Junaid Esmail Makda, while expressing dismay over the abrupt shutdown of gas supply to industries situated in various industrial zones in Karachi particularly Site Industrial Area, stated that gas supply has remained suspended to industries since last three consecutive days as the utility service provider has kept the pressure very low, which has resulted in terribly affecting the overall production and was causing severe losses of up to billions of rupees.

 

“Although the PM’s Advisor Razzak Dawood has pledged to achieve the export target US$40 billion but if the situation goes on like this with no gas supply and severe water shortages, we fear that the government will not be able to achieve this ambitious target”, he added in a statement issued.

 

Junaid Makda stated that it was a matter of grave concern that gas supply remains almost zilch since last three consecutive days but not a single decision maker neither from Islamabad nor from Sindh government have bothered to pay any attention to this serious issue.

 

“Despite the assurances given by Governor Sindh to restore gas supply to industries, SSGC has once again issued a letter to all industrial associations in which they asked the industries to reduce the load of their captive power plants and operate at 50 percent below their normal consumption which is simply not possible as when there is hardly any gas available because of low pressure, how could they reduce their consumption to 50 percent”, he added.

 

“We, the business & industrial community of Karachi, are already suffering badly because of high cost of doing business therefore the suspension of gas in Karachi would not only prove detrimental for the industry but would also lead to worsening the economic crises, besides raising poverty and unemployment”, he opined.

 

Junaid Makda demanded from the Federal and Provincial Governments to take notice of the situation and order the SSGC to immediately restore gas supplies to industries otherwise, it will have a negative impact on all the economic indicators of the country, keeping in view the lead role being played by Karachi city in the overall economic development of the country.

 

The Federal government must honor its commitment by issuing strict directives to SSGC for uninterrupted supply to industrial units in Karachi, he reiterated.

 

He was fairly optimistic that keeping in view the seriousness being exhibited by the present government towards resolving numerous issues and vowing to ensure Ease of Doing Business (EODB), the Prime Minister Imran Khan would advise to relevant Ministry to look into this serious issue on priority and take steps to restore gas to industries at adequate gas pressure so that they could operate smoothly without any kind of trouble.

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

Flight PS752: Iran will send black boxes of stricken plane to Ukraine

Iran will send the black boxes of Flight PS752, which it announced had accidentally shot it down this month...

Mother cries beside her son’s coffin, among the victims of Ukrainian plane crash

A mother cried during the funeral of her son, one of the victims of the Ukrainian plane, which was destroyed after a missile was...

Austrian Freedom Party asks government to provide clarification on cyber attack

Herbert Kickl, head of the Austrian Freedom Party, asked Federal Chancellor Sebastian Kurtz to provide urgent clarifications about the cyber attack to the Foreign...

NASA: 2019 Was the 2nd-Hottest Year on Record

According to independent analyses by NASA and the National Oceanic and Atmospheric Administration (NOAA), Earth's global surface temperatures in 2019 were the second warmest...

Canada: New driving laws will take effect from February 01

Police sources have confirmed that Canada’s new driving laws, which received royal assent earlier this year, will officially take effect in every province on...

Related News