PM for Overcoming Energy Shortfall

November 07, 2013

Prime Minister Muhammad Nawaz Sharif has directed to take all necessary steps for overcoming the energy crisis presently facing the country. He said this while chairing a high level meeting to review the energy situation at PM’s House this evening.

 

The meeting was also attended by Mr. M Ishaq Dar, Minister for Finance, Mr. Pervez Rashid, Minister for Information, Khawaja M. Asif, Minister for Water & Power, Eng. Khurrum Dastgir, MOS for Privatization and Mr Abid Sher Ali, Minister of State for Water & Power.

 

The Prime Minister was briefed that through implementation of an effective monitoring and checking system, line losses have been reduced. He was informed that speedy work is in progress on projects initiated by Ministry of Water & Power to increase production and ensure efficiency in the transmission system.

 

The Prime Minister directed that necessary steps must be taken so that the issue of circular debt does not arise again.

 

The Prime Minister was informed that LNG import shall start from next year which would help in reducing gas load shedding in the country. He was informed that prices for LNG imports are being negotiated in a transparent manner and efforts are made to make cheaper LNG available for local consumers.

 

The meeting was also attended by Mr Abid Saeed, Secretary Petroleum, Mr Saifullah Chattha, Secretary Water & Power and other senior officials.