ISLAMABAD    -   Federal Minister of State for Petroleum Musaddiq Malik has warned that the country will face gas shortage during the upcoming winter season as buying Liquefied Natural Gas (LNG) at $40 to $60 per MMBtu is beyond their pur­chasing power.

Howev­er, to mitigate the gas cri­sis in the win­ter season the government has directed three compa­nies to import 50pc more LPG during winter season, the minister said this while addressing a press confer­ence. He said that the previ­ous government had failed to purchase LNG when the LNG market was down at $2/MMBtu and now it’s beyond their purchasing power to procure it at $40-$60/MMBtu. There will be a shortage of gas in winters, he said and added that to overcome the demand sup­ply gap it has been decided that LPG will be imported from two countries. Three companies have been told to import 50pc more LPG this year as compared to last year. Sui Southern Gas Company Limited (SSGC), Sui Northern Gas Pipeline Limited (SNGPL) and PAR­CO Pearl Gas (Private) Lim­ited (PPGL) are asked to im­port more LPG to mitigate the shortage.