LAHORE: As the petroleum sector circular debt stands at a whopping Rs1.6 trillion or 3.35 percent of GDP, the government has another plan to create fiscal breathing space for the entities gasping.
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In this file photo, a man works at a textile factory in Pakistan. AFP/File
LAHORE: The Sui Northern Gas Pipelines Ltd has taken strict notice of alleged involvement of some of its officers in disconnecting gas supply to textile mills and issuing frivolous notices to them on lame excuses and pretexts.
“I assure you people of uninterrupted gas supply to export oriented industry. I will also take action against all delinquent officials resorting to disconnection of gas connections or issuing frivolous notices to the mills without any solid reasons,” SNGPL Managing Director Syed Ali Javaid Hamdani assured a delegation of the All Pakistan Textile Mills Association (APTMA) led by Abdul Rahim Nasir here on Tuesday.
The government has decided in principle to provide uninterrupted gas supply to two Punjab-based fertiliser plants. File
ISLAMABAD: The government has decided in principle to provide uninterrupted gas supply to two Punjab-based fertiliser plants – Fatima and Agritech – on Sui Northern Gas Pipelines Ltd (SNGPL) network over the coming months to ensure sufficient local fertiliser production.
The decision to this effect was reached at a meeting presided over by Finance Minister Shaukat Tarin to review the supply and stocks of urea fertilisers.
According to an official statement, Minister for Energy Hammad Azhar, SAPM on Finance and Revenue Dr Waqar Masood, SAPM on Food Security Jamshed Cheema and secretaries of Finance, Industries and Production and Petroleum Division also attended the meeting.