No gas load shedding durign current winter ,Specail Assistant to PM

Islamabad, October 24, :Special Assistant to Prime Minister Miftah Ismail here on Tuesday said that there will be no load-shedding of gas for domestic consumers and industrial sector during current winter season. In an informal discussion with media persons here at Press Information Department, he said that about 1200 million cubic feet gas will be available in Sui Northern Gas Pipeline Limited (SNGPL) system, where as 1200 million cubic feet of imported liquefied natural gas from Qatar will also strengthen the local supply to fulfill the domestic energy demands. He informed that government had taken appropriate measures to bridge the energy demand supply gap including the import of LNG from Qatar to produce the electricity on lowest cost as against the production of the electricity produced by the furnace oil. He said the initiative would also help the government to overcome the electricity crisis and produce cheap energy for domestic and industrial consumption. He further informed that imported LNG would help to produce 30 percent cheaper and 50 percent extra electricity as compared to the production of the furnace oil. He informed that LNG deal with Qatar was completely transparent, which was negotiated by a high powered committee comprising on senior officials of different ministries including ministries of petroleum, water and power and finance. He said the the deal was completely transparent, swift and cheapest, adding that after the negotiation the price was fixed at 13.7 cents of the brent, adding that countries including Japan and India was purchasing costly LNG at that time as compared to Pakistan. Miftah Ismail said that government was ready to share the details of LNG import deal with Qatar at any forum and any one, adding that there was no terminal installed in so low cost in the world and a long term agreement

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