AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

Govt To Ensure Uninterrupted Gas Supply To Fertilizer Sector, Pakistan Energy Minister Says

admin-augaf by admin-augaf
December 13, 2023
in Business, Finance
Reading Time: 2 mins read
0
Govt To Ensure Uninterrupted Gas Supply To Fertilizer Sector, Pakistan Energy Minister Says
Share on FacebookShare on TwitterWhatsapp

ISLAMABAD, Dec 12 (APP): Caretaker Minister for Petroleum Muhammad Ali on Tuesday said the government was committed to ensuring uninterrupted gas supply to all fertilizer plants throughout the current winter season to maximize fertilizer production.

“In the current year, it has been decided that fertilizer plants will operate at full capacity without any closure during the winter months to achieve maximum fertilizer output,” he said while addressing a press conference along with Minister for Information and Broadcasting Murtaza Solangi and Minister for Interior Sarfaraz Ahmed Bugti.

He specifically emphasized that Fatima Fertilizer and Agritech, which traditionally closed for three months during winter, would remain operational at full capacity this year.

 “All plants, including Fatima Fertilizer and Agritech plants, will be running at full capacity throughout the current winter season,” he affirmed, adding the decision to keep operating all the plants at their maximum capacity was aimed to ensure a consistent and sufficient local supply of fertilizer to farmers.

Responding to a question, Muhammad Ali said the government had ordered two Liquefied Natural Gas (LNG) cargoes for December and one for January to meet domestic gas requirements.

However, he acknowledged that the country currently faced insufficient gas production to meet demand, with local gas reserves depleting by approximately 10 percent annually. At the same time, consumption continued escalating with each passing day, he added.

The minister also said that the government was actively working to improve the infrastructure for Liquefied Petroleum Gas (LPG) supply across the country.

He mentioned ongoing efforts to revise the LPG policy, with certain proposed changes, and hinted that it would soon be presented to the cabinet for approval.

Regarding the exploration sector, he acknowledged that inefficient policies of the past led international companies to leave the country due to non-payment.

However, he assured that the government was working to give a boost to the exploration of new hydrocarbon reservoirs and local gas production to meet domestic requirements.

Responding to another query about the removal of the Managing Director of Saindak Metals Limited (SML), Minister Muhammad Ali clarified that the decision was made in line with the prevailing laws and service rules of the company, under the instructions of the Islamabad High Court.

Tags: GasUREA
admin-augaf

admin-augaf

Related Posts

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA
Business

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold
Business

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met
Business

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Moody

Moody’s Upgrade Ratings of Five Pakistani Banks

August 20, 2025
EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost

EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

August 20, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments
  • Gold Fields Half-Year Profit Triples on Record Prices
  • ADB To Provide $410 Million For Reko Diq Project

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.