Saturday, September 17, 2011, Shawwal ul Mukarram 18,1432 A.H  
   HOME
   News in English
   News in Urdu
   Program Profiles
   GEO TV
   GEO UK
   GEO USA
   GEO ME
   GEO CANADA
   GEO EUROPE
   GEO JAPAN
   GEO SUPER
   AAG TV
   Booking Status
   Corporate Profile
   Geo Tariff
   News Archive
   Contact Us
   FAQ
   FAQ Distribution
   Feedback
   GEO SKINS
   GEO RINGTONES
   GEO NewsAlert
   GEO Wallpapers
   Transcripts of Program
   Team GEO
   Exam Results
 
 
 GEO Business

 APTMA welcomes LNG Policy 2011

 Updated at: 1142 PST,  Saturday, September 17, 2011
APTMA welcomes LNG Policy 2011 KARACHI: All Pakistan Textile Mills Association (APTMA) Chairman, Ejaz Gohar has welcomed the government’s Liquefied Natural Gas (LNG) Policy 2011 and dubbed it as right step in the right direction in the larger interest of national economy, Geo News reported.

Chairman APTMA appreciated the efforts of Minister for Petroleum and Natural Resources Dr Asim Hussain for taking personal interest in bringing LNG into the system, as this project was of vital importance for the country’s economy.

APTMA Chairman said the textile industry production was badly hit by gas shortage of 900 MMCFD in winter and 400 MMCFD in summer, limiting the industry production by 30 percent below the potential.

He said the APTMA is fully supportive to the LNG Policy 2011 and expressed the hope that the textile industry would be able to overcome 500 MMCFD gas supply shortage. Import of LNG under the LNG Policy 2011 would be a considerable relief to the textile industry in the years ahead, he added.

However, he pointed out that direct import of LNG by third party and its direct supply to consumers would only be beneficial to the IPPs and not the general as well as textile industry. Therefore, it is very important that the LNG supply should be brought into the gas pool of the SNGPL and the SSGC, already having 4000 MMCFD gas.

 
ShareThisBack     |    Send this story to friend
» GEO Pakistan
Blast, firing in Landi Kotal Bazar  
Sindh rain affectees still await aid  
Decisions against terrorism will be based on Pak sovereignty: COAS  
Jhelum, Chenab to be in high flood  
Nisar stopped PML-N members to resign from PAC  
   
» GEO World
US won't sell new fighter jets to Taiwan: source  
UN's Ban backs reduction in Haiti force  
Libyan transitional government gets UN seat  
Syrian forces kill 12 as pressure mounts on Assad  
Libya fighters surge into two Kadhafi bastions  
   
» GEO Business
IPPs end litigation after govt assurance  
Pak-Indonesia PTA talks resume  
Registered cos to go past 60,000 in 2011  
Khi stocks track regional rise  
Violence blows a big hole in Jul-Aug FDI  
   
» GEO Sports
Kohli ton helps India pile up 304-6 against England  
Pakistan set huge 199-run target for Zimbabwe in 1st T20  
Marsh rescues Australia in final Test  
Cook wins toss, England to field against India  
T20: Zimbabwe choose to field against Pakistan  
   
» Geo Entertainment
Jackson killed by greed, medic's fault: brother  
Marc Jacobs brings big finale to NY Fashion Week  
Feathers and fur fly at New York Fashion Week  
Leila Lopes of Angola is crowned Miss Universe  
Ali Zafar steals the show in MBKD  
   
» GEO Health
Active legs at night linked to heart problems  
US to develop chip that tests if a drug is toxic  
Power of suggestion affects heart arteries  
Three Congo Virus cases reported in Quetta  
Death toll from Dengue reaches 30 in Punjab  
   
» GEO Amazing and Interesting
US astronomers find planet with two Suns  
New dolphin species discovered in Australia  
Facebook lets users track posts from strangers  
World's youngest nuclear scientist  
Starved dogs eat owner  
   
 
Copyright © GEO TV. All rights reserved.