Pakistan’s textile industry resumes all-weather supply of natural gas for the first time
According to a report by Pakistan’s “National” on March 3, as the first liquefied natural gas (LNG) carrier from Qatar successfully arrived at Barqasim Port on Tuesday, Pakistan’s Sui Southern Gas Pipeline Company It was announced that round-the-clock gas supply to textile mills in Punjab would be restored. In the past six years, due to energy shortages, textile mills in Punjab, a major cotton spinning province, can only receive 4-6 hours of natural gas supply every day. The All Pakistan Cotton Ginners Association (APTMA) welcomed the move, saying that the move will greatly alleviate the serious existential crisis faced by the industry in the past six years, and immediately stimulate the development of large-scale industries in Pakistan and thereby stimulate economic growth. The textile industry is Pakistan’s largest textile industry. The most important industrial sector, only by providing sufficient energy can the growth of Pakistan’s exports and employment be guaranteed. According to industry insiders, Pakistani textile mills have been suffering from high business costs, with energy costs averaging 60% higher than those of competitors in neighboring countries. Energy experts say that with the smooth implementation of the Pakistan-Qatar long-term liquefied natural gas (LNG) purchase agreement, Pakistan is expected to meet 80% of domestic natural gas needs this winter. Pakistan’s textile industry resumes all-weather supply of natural gas for first time in 6 years
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