Powering the nation: Country to meet all fuel needs soon says Hussain

Hussain claimed that oil and gas exploration could not be undertaken in the past due to absence of concrete policies.

ISLAMABAD:

Adviser to the Prime Minister on Petroleum and Natural Resources Dr Asim Hussain told the National Assembly that the country will be able to meet almost all its fuel and gas requirements in the next few years, thanks to the petroleum policy announced by the government three months ago.

Hussain claimed that oil and gas exploration could not be undertaken in the past due to the absence of concrete policies. He said that a policy had also been devised for LNG and the gas shortage would start gradually improving from next year.

The adviser said that the demand of gas increased manifold in winters, and a proposal was under consideration to announce a separate gas tariff for the season.

However, he said that the cabinet or the Economic Coordination Committee would take a final decision in this regard.

Published in The Express Tribune, October 13^th, 2012.