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Wednesday June 29, 2022

Musadik Malik sees power, gas crisis ahead

There will be electricity loadshedding in summer and gas crisis in winter, says state minister

By News Desk
June 24, 2022

ISLAMABAD: State Minister for Petroleum Musadik Malik has warned of power loadshedding in July and gas crisis in the coming winter.

Speaking at the Geo News programme Aaj Shahzaib Khanzada Kay Sath, the state minister claimed that LNG was available at $4 about two years ago but the previous government did not reach a long-term agreement at that time, adding that at present LNG was not available even at $40.

As a result, there will be electricity loadshedding in summer and gas crisis in winter, he maintained.

Malik said electricity would be generated through furnace oil and coal. He said power generation would increase due to better inflow of water in dams after July 15. He claimed that the past government did not allow even a single LNG terminal. We will try to bring investors back, so that they could install terminals, he added.

Comments

    Pakistani commented 5 days ago

    Ministers are not supposed to warn, ministers should manage and solve our problems. Do we pay you for information or pay you as minister?

    10 0

    Pakistani commented 5 days ago

    Are you information minister?

    2 1

    Rambo commented 5 days ago

    If you have come to give warnings.. even I can run the govt... you should recommend solutions

    7 0

    Shh commented 5 days ago

    So there is no LNG available according to Minister. But he wants to install more LNG terminals What a logic

    2 0

    Burak Güleç commented 5 days ago

    Where were you till this moment

    1 0

    Ahmad commented 5 days ago

    For correction LNG contractors backtracked on their agreement with government of Pakistan last year. It was not the fault of previous government. Let's see how this imported govt reaches agreement with contractors.

    1 0

    Adnan Murtaza commented 4 days ago

    Shame on such an incompetent govt.

    0 0