BMG demands to immediately restore gas supplies to industries

News Image

MG News | October 08, 2021 at 09:03 PM GMT+05:00

0:00

October 8, 2021: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while strongly criticizing SSGC for shutting down gas to industries for 72 hours, demanded to immediately restore gas supplies to industries as it would terribly affect production activities and the industries will not be able to fulfill their commitments.

In a statement issued, Chairman BMG stressed that SSGC, instead of resorting to gas suspension, must adopt load management and rationalization policy while suspended gas supplies to industries have to be immediately restored.

He was of the opinion that any delay in the arrival of imported RLNG should not affect the industries in Karachi as they were being provided natural gas from indigenous resources in Sindh and Baluchistan.

“It was highly unfair that gas being produced in Sindh was not being provided to industries in Karachi and suspending gas to industries stays at the top of SSGC’s policy which is beyond our understanding”, he added.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,200.00 119,275.00
117,905.00
1580.00
1.34%
BRENT CRUDE 72.34 72.82
72.29
-0.90
-1.23%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.96 70.41
69.91
-0.04
-0.06%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg