Pakistan Steel Mills (PSM) spokesman Shazim Akhter has said that the reduction in gas pressure is not only affecting the production capacity of PSM but it is also adversely affecting the complex machinery of the plant.
In a statement issued on Thursday, Akhter said that natural gas plays a vital role at PSM as it is considered as a lifeline for almost all the major production units of this national enterprise.
It is stated that for more than two weeks now SSGCL has reduced the natural gas pressure of PSM to as low as 0.95-1 kg/cm2.
As per agreement between PSM and SSGC approved gas pressure is 4-5 kg/cm2 to enable PSM to perform normally which is now continuously denied.
PSM faced a similar situation in January, and then again in March, when it touched 65% of CAPU of its 1.1 million tons of raw steel production per annum.
Published in The Express Tribune, June 26th, 2015.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ