Nawaz wants 'all necessary steps' taken to defeat energy crisis, circular debt

Officials tell Nawaz LNG import will start from next year.


APP November 07, 2013
Nawaz instructed officials to ensure the issue of circular debt does not arise again. PHOTO: FILE

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif has directed authorities 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 the PM’s House this evening.

The premier was briefed that the implementation of an effective monitoring and checking system has reduced line losses. Officials said speedy work was in progress on the projects initiated by Ministry of Water & Power to increase production and ensure efficiency in the transmission system.

The Prime Minister instructed ministers to effect all necessary actions for ensuring the issue of circular debt does not arise again.

Nawaz 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 attended by Ishaq Dar, Minister for Finance Pervez Rashid, Minister for Information Khawaja Asif, Minister for Water & Power Khurrum Dastgir, MOS for Privatization and the Minister of State for Water & Power Abid Sher Ali among other senior officials.

COMMENTS (2)

polpot | 10 years ago | Reply

"Nawaz wants 'all necessary steps' taken to defeat energy crisis, circular debt" ++++++++++++++++++++++++++++++++++++++++++++++++++ Inspires so much confidence specially when he cannot even list the necessary steps...

shiraz | 10 years ago | Reply One can safely predict,that 5 years from now, he will be saying the same thing again....Viva Democracy!!
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