Prime Minister Taskforce on Energy, Chairman Gohar Ejaz, has indicated that industrialists are willing on equity sharing for energy related projects to overcome the energy crisis in the country. Addressing a news conference at All Pakistan Textile Mills Association (APTMA) office here on Wednesday, he presented five recommendations to the media before his formal briefing to the federal cabinet next week. He said the country’s law allowed third party investment and industrialists were ready to sacrifice their resources. He pointed out that around 1,000 MMCFD additional gas could generated in the system if the government acted upon the taskforce recommendations in its true spirit. Ejaz said LNG import would cost some $200 million and the industry was ready to share 26 per cent equity with the government, suggesting that the government should allocate funds from Rs40 billion investment development surcharge, already collected by the government from industry.
