While addressing a press conference, he said that the decision will lead to unemployment of 2.5 million workers, along with causing huge loss to the production and export orders secured by Pakistani exporters during the recent Heimtextil trade fair in Germany.
He said that overnight suspension of gas to Faisalabad industries will not only send a negative signal but will also prove to be a historic mistake on behalf of SNGPL.
Inviting the government’s prompt attention to reinstate the supply of gas to the industries, he said this was a matter of a few days as gas supply normalises in March every year.
“Under a planned scheme by certain elements, textile industry is being destroyed to damage the economy of the country,” Rashid said, adding that if the suspension prevailed, business community would be compelled to lay off the workforce which will increase unemployment.
“Last year, gas was supplied to the textile industries for only 114 days, which affected the production capacity of the industries badly.”
Published in The Express Tribune, February 18th, 2014.
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Most countries faced with gas shortage would have setup LNG facilities and negotiated contracts years ago -- what's up with Pakistan? The fact that you haven't seems ample evidence that the core problem is a financial crisis and the term "energy crisis" is a political distraction. Remember that many countries import energy - including EU, Japan and USA and they don't run have to ration industries they just buy the energy.