Page 12 - சுருக்கப்பட்டது இயற்கை வாயு News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Gas supply to be restored in Punjab, KP on July 7
arynews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arynews.tv Daily Mail and Mail on Sunday newspapers.
CNG stations to reopen across Sindh from July 5
arynews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arynews.tv Daily Mail and Mail on Sunday newspapers.
Twin energy crisis to take heavy toll on economy
June 29, 2021
LAHORE: The avoidable twin energy crisis is set to wreak havoc on economy as gas and power blackouts will bring business, commercial, and manufacturing activities to a standstill, The News learnt on Monday.
The messed-up energy crisis means no gas for productive sectors of the economy like, industry and transport.
Both Sui companies have further tightened gas availability in view of shrinking supplies. Sui Northern Gas Pipelines Ltd (SNGPL) under its load management plan for the period of June 29 to July 05, 2021 announced on Monday to suspend gas/Regasified Liquefied Natural Gas (RLNG) supply to Compressed Natural Gas (CNG) sector, cement industry and non-export industrial sector across the franchised area of gas utility including Punjab & Khyber Pakhtunkha. Besides, RLNG supply to both Punjab-based fertiliser units would be stopped from midnight of June 29, 2021 till midnight of July 05, 2021.
Tags , Gas- Dunya News - Latest News
dunyanews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dunyanews.tv Daily Mail and Mail on Sunday newspapers.
• FX scarcity, gas dollarisation may spike inflation
• Gas users to pay $5.10/mmbtu from July despite shortages
With the new gas price regime expected to kick off on July 1, alongside challenges of currency devaluation and access to foreign exchange for raw materials, local manufacturers have told The Guardian they are contemplating moving their production hubs to neighbouring African countries under the African Continental Free Trade Area (AfCFTA) regime.
According to the manufacturers, it is increasingly difficult to produce locally and remain competitive, going by the new challenges they encounter. x
With an upward review in the price of natural gas used for local production and dollarisation of the commodity by franchisers, which operators describe as preferred option to exporting the commodity, the cost of production is expected to rise further, spiking inflation when costs are passed to consumers.