TAPI, IP gas pipelines long-term solution

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LAHORE - The Save Pakistan Industry Forum has proposed short, medium and long-term solutions to overcome energy crisis in Pakistan. In a letter to Dr Asim Hussain, Advisor to Prime Minister on Petroleum & Natural Resources, the Forum said the only short term solution to solve the energy crisis is to increase the price of CNG equivalent to petrol and close them (CNG stations) for 90 days in summers during July, August and September and 90 days in winters during December, January and February.

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Regarding the medium term solution, the Forum has advised to set up three LNG terminals of 500MMCFD each with capacities of handling gas up to 1500MMCFD and distributing it to all consumers through SNGPL or SSGC networks wherever required on the basis of weighted average. So far as long term solution is concerned, it is about completing TAPI and IP gas pipelines and making investment friendly and market based policies to encourage gas exploration in Pakistan. It may be noted that Pakistan is facing huge gas shortfalls in winters up to 1500MMCFD, which results in closure of all the industries in Punjab and 500MMCFD in summers resulting in 2 days closure every week for industry. Meanwhile, the captive power plants of textile industry and 100 per cent fertilizer industry are totally dependent on SNGPL network for gas consumption.