Closure Of Natural Gas Causes Closure Of Pakistan Textile Enterprises
After the Pakistan textile industry received the notice that the supply of natural gas was suspended indefinitely, the pressure on natural gas quickly dropped to zero.
Rana Arif Tauseef and other officials of the Pakistan Textile Exporters Association
News
The conference was held by the Minister of petroleum.
textile
Just three days after the end of the exporter's meeting, they received the notice of ceasing the supply of natural gas indefinitely. The oil minister assured him that he would supply four days of natural gas to export enterprises every week.
Before such a drastic action was taken, the government did not take any measures to give confidence to the stakeholders. This intense action will not only deprive Pakistan of 14 billion US dollars in foreign exchange earnings, but also expand the unemployment rate, Pakistan.
Public security situation
Deterioration.
They say that industrialists do not believe in such things. They intend to focus on expanding their business, but the situation has already been so that no industry can survive in such a situation.
Textile exporters have invested $17 billion in investment in the textile industry, and the textile industry's annual export revenue is US $14 billion.
If the energy crisis is resolved, interest rates will decline and the law and order situation improves, the export of textile industry is likely to reach US $25 billion.
Their industrialists say they pay wages for 100-150, 000 workers, but if the energy crisis is not solved and natural gas is stopped indefinitely, they will not be able to pay wages to workers.
These unemployed forces may lead to runaway law and order.
They said that the biggest textile trade fair Heimtextil will open next month, but textile exporters are in a dilemma because if they get enough export orders at the fair, they may not be able to fulfill their export contracts.
The government has not responded to the current situation. In this case, exporters may stop paying natural gas bills to the Northern Gas Pipeline Company (SNGPL).
They say that does not mean that we do not pay the bill.
We will pay the gas fee to the relevant associations instead of paying SNGPL directly.
If the negotiations between the association and the gas authorities succeed, they will pay the bill to the gas authorities.
They said the government had promised to maintain textile factories 5 days a week, so they refused to accept the notice of natural gas companies.
Later, the exporters burned their gas bill to show their protest against the ceasing supply of gas.
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