18 Apr 2024
Sunday 17 March 2013 - 14:16
Story Code : 22704

Pak-Iran gas project to boost economy

Sunday, March 17, 2013 - MultanKhawaja Muhammad Younus, Chairman All PakistanBedsheetsandUpholsteryManufacturers Association (APBUMA) said that execution of Pak-IranGasline has beenbreath offreshyear forthe industrialsector ofPakistan. He said thatenergycrises from last few years has greatly undermined the production of industrial sector of Pakistan and reached its peak during the current winter.
Chairman APBUMA hoped that the project will be completed by 2014 and there will be enoughgasin our system to meet our domestic demand. He showed optimism that work on 781 km pipeline at our side will soon be started at warbases. He said that this project will boosteconomyand value-added sector due to generation of 4000 megawatt electricity as well.

He said that the textile sector of Punjab had its nightmare during December-2012 to Feb-2013 where thegasremained suspended for more than two months. He said that after experiencing worst everenergyshortage industrial sector was desperately looking for the relief in the future.

He was of the view that entire industrial sector was looking towards the Pak-Irangasline project as there was no other feasible project in sight. He said that the said project was delayed time and again owing to international pressures and need political will to be settled.

Younus praised thePresidentshowing the political will for negating all the international pressure in the greatest interest of nation. He said that the nation will remember the Pak-Iran pipeline ofsymbolof courage and vision ofPresidentAsif Ali Zardari and agift forpeople from Pakistan PeoplesPartyregime.

By Pakistan Observer

 

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