The officials of SUTHERNN GAS COMPANY (SSGC) suggested an increase in gas prices because they suggest that the internal gas prices may have to be increased if the uninterrupted supply and the end of the load shedding should be assured, said Express News.
The remarks were made at a meeting of the Senatorial Oil Committee, where questions of low pressure of gas and persistent breakdowns were discussed in detail.
During the session, the director general of Suit Northern Gas Pipelines Limited (SNGPL) explained that the crisis being load -sized is largely driven by dependence on imported liquefied natural gas (LNG).
He said only 45% of the country’s gas demand was currently satisfied by domestic production, while the remaining 55% are filled with imports.
Efforts are currently underway to restore the offer to Lahore, said the MD, adding that the complaints raised by Senator Kamil Ali Agha would be discussed on a personal basis.
The committee was informed that during the month of Ramadan, more than 25,000 consumer complaints were received regarding gas problems. In the past year, a total of 132,376 complaints concerning low pressure have been recorded, with more than 131,000 people would have been resolved.
The SNGPL MD has provided legislators with continuous efforts to improve the complaint response system.
After the briefing, the senatorial committee concluded discussions on public complaints related to gas supply, given the question resolved at the moment.
The Minister of Petroleum, Ali Perviz Malik, also addressed the meeting, recognizing that the oil sector has received less attention in the past year due to increased accent in the energy sector. He noted that local gas consumption has continued to drop, while imported LNG is now used even for national stoves.
The Minister also admitted that the implementation of policies concerning oil refineries was still unanswered, although he stressed that the mineral sector saw substantial foreign investments.
Meanwhile, the director general of minerals has informed the Reko Diq project committee, declaring that production should start by 2028. The project has a planned lifespan of 37 years and is expected to generate a cash flow of $ 70 billion.
