Friday, July 30, 2010, Shaban 17,1431 A.H.   ISSN 1563-9479
 Group Chairman: Mir Javed Rahman Founded by: Mir Khalil-ur-Rahman Editor-in-Chief: Mir Shakil-ur-Rahman 
  Home | Top Stories | World |  National | Business | Sports | Karachi | Lahore | Islamabad  | PeshawarEditorial | Opinion | Stock Instep Today Newspost |
  WEEKLY SECTIONS
    TheNews on Sunday
    You
    Health Body & Mind
    Technobytes
    Iqra
    Galaxy
    Tapestry
    Education-Zine
    Us
    Cyber@print
    Investor's J.
    Viewers' Forum
    Today's Cartoon
    Style
    Business & Finance Review
    Instep
    MAG Fashion
    Blog
  FEATURES
   Opinion Archive
   Fashion Archive
   Magazine Archive
   Style Archive

  FINANCE
   Currency Rates
   KSE Index
   Bullion Rates
   Prize Bonds

 Minus-2 formula for CNG units, industrial sector

Thursday, November 05, 2009
Cabinet approves gas load-management plan, import of 1m tonnes of sugar

By Asim Yasin

ISLAMABAD: The federal cabinet on Wednesday approved the gas load-management plan under which gas supply to the industrial sector and CNG plants will be suspended for two days a week from November 15 till March 15 in order to save enough gas for domestic use.

The cabinet also approved the sugar policy for 2009-10 which envisages import of one million tonnes of sugar — half a million tonnes of raw sugar and 500,000 tonnes of refined sugar - for the current season.

The cabinet deferred discussion on the 'austerity plan' till the next meeting as three major issues, gas load-management, sugar and paddy policies consumed four hours. The special cabinet meeting, presided over by Prime Minister Yousuf Raza Gilani, was also attended by the chief ministers of all the four provinces.

Under the gas load-management schedule, industries and CNG stations will remain closed for two days every week. According to a cabinet source, the load-management will save 120 mmf of gas, which will be supplied to domestic consumers.

"As per the decision of the federal cabinet, the Sui Northern Gas Company will undertake gas load-management in the winter season by dividing the industrial sector into four zones in areas under the company's management," said Information Minister Qamar Zaman Kaira while briefing journalists after the cabinet meeting.

Similarly, he said, CNG stations in Punjab and the NWFP will be ordered to remain closed for two days every week.

Kaira said it was decided to stop gas supply to the industrial sector for two days a week to overcome shortage. Gas supply to domestic and commercial consumers will continue without any interruption, he said.

The gas supply will remain suspended to Lahore, which was divided into two zones, as follows: Lahore-1 on first and second day of the week, Lahore-2 on day three and day four, Faisalabad on day five and Multan, Gujranwala, Islamabad, Peshawar and Abbottabad for the next two days. "The industry will use alternative fuel on these two days," he said.

Similarly, he said, gas supply to CNG stations will also remain suspended for two days a week. He said the schedule for gas supply for urea producing factories will be chalked out for one month. "Gas will be supplied to these factories as raw material without any interruption while there will be cut on gas fuel," he added.

Kaira said no new industrial gas connection would be given between December 2009 and December 2010. He said gas supply for new villages and cities will not be approved for the time being but the Balochistan province, and the districts producing gas, will be exempted.

He said a decision has been taken to import the LNG to include it into the system though a period of 18 months is required for this. Besides, the import of LPG is also being increased to ensure uninterrupted supply to consumers.

The cabinet also approved the sugar policy for the year 2009-10. The minister said the sugar production for the next year is likely to be three million tonnes as against the demand of 4.2 million tonnes. So it was decided to import 500,000 tonnes of raw and 500,000 tonnes of refined sugar.

Moreover, the provincial governments have been asked to look into the possibility of producing sugar from other commodities besides sugarcane. He said permission has been given to produce 'Gur' but its export would not be allowed.

He said a committee, headed by the finance minister, is working to resolve the issue of sugar supply on fixed price. Answering a question, he said there is no sugar shortage in the country but the issue is provision of sugar at cheap rates and the federal government is formulating its policy with inputs from the Benazir Income Support Programme, the Utility Stores Corporation and the provincial governments.

He said the meeting directed the State Bank to formulate a policy to resolve the issue of delayed payment to sugarcane growers. Kaira said it was decided that the chit given by mills owner to the growers should be used as negotiable instruments and growers will be able to get cash from banks against these chits.

The minister said sugar mills have the capacity to generate 1,000 to 2,000 megawatt of electricity and the owners have been asked to continue generation of electricity throughout the year by using coal after they have consumed molasses.

He said PASCO has been directed to purchase one million tonnes of paddy from farmers. The cabinet decided that IRRI-6 would be purchased at Rs 600 per 40 kg, rice variety-385 at Rs 1,000 per 40 kg and Basmati at Rs 1,250 per 40 kg.

 
 
 
          ShareThis `
Back     |    Send this story to Friend    |     Print Version
 
 
 

Destroy militant hideouts in Pakistan: Karzai
KABUL: Afghan President Hamid Karzai on Thursday urged his Western allies to destroy Islamist militant sanctuaries in neighbouring Pakistan after thousands of secret US files were leaked. “The time has come    more

199 die in Khyber-Pakhtunkhwa rains, floods
By Nisar Mahmood
PESHAWAR: The death toll from torrential rain and floods in various parts of Khyber Pakhtunkhwa during the last two days reached 199 as dozens more casualties were reported on Thursday. The heavy showers    more

Severe rains threaten three provinces, warnings issued
By Ansar Abbasi
ISLAMABAD: The Federal Flood Commission and the Met office have warned the authorities that the next 24 hours are critical and if the ongoing spell of rains continues, innumerable villages in Khyber-Pakhtunkhwa    more

Possible factors that brought Airblue plane down
By Shakil Shaikh
ISLAMABAD: A probe into the horrifying crash of Airblue’s Airbus into the Margalla hills, which killed all 152 persons on board, has been started to find out all possible factors that contributed to the disastr    more

Plane crash probe will be transparent: Malik
ISLAMABAD: Federal minister for Interior Rehman Malik on Thursday confirmed that 66 bodies had been handed over to their heirs after their identification through DNA. Talking to media here he said the Bl    more

Parliamentary body has primacy over judicial commission: CJ
Wonders if Murree, Changa Manga would also be staged in judges appointment; advises against humiliating judiciary; says PM made powerless in judges appointment By Sohail Khan ISLAMABAD: Chief Just    more

HEC not satisfied with Sindh University verification process
By Usman Manzoor
ISLAMABAD: The Higher Education Commission has formally conveyed to the National Assembly’s Standing Committee on Education that it was not satisfied with the verification process adopted by the University of S    more

Wants dictators punished
DHAKA: Bangladesh’s Supreme Court has reinstated a ban on Islamic political parties in the latest blow to religious hardliners in the impoverished South Asian country, a minister said Thursday. In a deta    more

ECP, HEC in row over focal person
By Saadia Khalid
ISLAMABAD: The appointment of a focal person in the Higher Education Commission (HEC) has raised yet another controversy as the HEC officials say they have not received any notification as yet while the ECP cla    more

ECP finds itself in a limbo, no matter what the HEC does
By Tariq Butt
ISLAMABAD: The Election Commission of Pakistan (ECP) is unable to proceed against the fake degree holders unless it is duly constituted with the induction of four retired high court judges as its members. Ch    more

Indian PM says hopeful of restoring Pakistan talks
NEW DELHI: Indian Prime Minister Manmohan Singh said on Thursday he was hopeful of restoring talks “sooner or later” to improve ties with Pakistan after their last meeting ended in acrimony over the 2008 Mumbai    more

Crackdown forced Afghan militants to leave Pakistan: FM
By Tahir Hasan Khan
KARACHI: Rejecting the Afghan President Hamid Karzaiís comments, Foreign Minister Makhdoom Shah Mehmood Qureshi has said that most of the Afghan war stalwarts had left Pakistan for other places due to crackdown    more

Zardari fares poorly, Kayani more popular: poll
WASHINGTON: Only one in five Pakistanis view their president, Asif Ali Zardari, favourably while the country’s army chief gets a more positive rating, according to a new opinion poll released Thursday.    more

Miliband, others blast Cameron for anti-Pakistan remarks
By Murtaza Ali Shah
LONDON: Former British Foreign Secretary Labour leadership hopeful David Miliband became the highest profile British politician to condemn Prime Minister David Cameron, accusing him of being a “loudmouth” over    more

Pakistan terms British PM’s remarks shocking
By Mariana Baabar
ISLAMABAD: In a ‘muted’ reaction Pakistan Thursday said the remarks made by British Prime Minister David Cameron were ‘surprising’ and ‘saddening’. Foreign Minister Makhdoom Shah Mahmood Qureshi said the    more

Zardari, Gilani discuss air crash, other issues
By Asim Yasin
ISLAMABAD: President Asif Ali Zardari directed the government to make the inquiry report of tragic incident of air crash at Margalla hills public so that the people know as to what really led to the tragic inci    more

Pakistan urged to tackle terrorists
NEW DELHI: Manmohan Singh, the Indian prime minister, and British Prime Minister David Cameron have called on Pakistan to tackle terrorist groups operating from its territory. “No one is in any doubt, le    more

PML-Q senator seeks ruling against fake degree holders
By Muhammad Anis
ISLAMABAD: A PML-Q senator on Thursday sought a ruling from the Senate chairman against those holding bogus educational documents. Senator Jamal Leghari, raising a point of order, said a ruling should come from    more

briefs...
Attique sworn in as AJK PM By Syed Abid Hussain Shah MIRPUR (AJK): All Jammu and Kashmir Muslim Conference chief Sardar Attique Ahmed Khan was Thursday sworn in as the Prime Minister of Azad Jamm    more

Google
 
 
The News Home  |  Jang Group Online  |  Jang Multimedia  |  Jang Searchable  |  Ad Tariff / Enquiry |  Editor Internet  |  Webmaster