Giving a presentation in a meeting with Adviser to the Prime Minister on Petroleum and Natural Resources Asim Hussain here on Thursday, representatives of the consortium provided an outline of feasibility assessments, engineering, project development, financing and risk minimisation.
“The proposed solution will entail complete real-time information about each consumer and meter,” they said. In this way, 100 million cubic feet per day of gas can be saved.
According to the consortium, its investment in this project can be recovered through reduction in losses, which will put no extra debt burden on the companies and consumers.
Welcoming the solution, Asim Hussain asked the gas companies to work out modalities within two weeks to save gas, the shortage of which crippled the industry last winter.
He said the government’s top priority was to solve the energy crisis, for which a number of steps were under way. “An important area is high unaccounted-for-gas (UFG) ratio, which should be brought down,” he pointed out.
Published in The Express Tribune, September 7th, 2012.
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