Federal Minister for Water and Power Khawaja Asif on Saturday said the government had focused on developing the LNG system for power generation in the country as it would be helpful in producing cheaper electricity.
He said the government would soon lay down a LNG pipeline between Karachi-Sindh and Punjab. He said the government was also establishing small power generation plants in Sindh and Punjab to produce electricity through LNG, adding that this production would also help in 17 to 18 percent reduction in power line losses.
He stated this while addressing an important meeting of the Sialkot business community held at Sialkot Chamber of Commerce and Industry (SCCI). He said the government was completing its economical stabilizing agenda by taking the business community of the country into confidence.
He said the projects of establishing LNG power generating plants would be completed in 2017 which would pave the way of getting rid of the load shedding of the electricity across the country.
In addition of LNG, he said the government while using LNG gas in power plants would be able to get 1000mg electricity by the mid of 2015. He said Chinese energy sector companies were making hectic efforts to develop the Pakistan’s energy sector, as the Chinese companies would complete the projects of establishing several coal and hydel power producing plants in Pakistan till 2017 and these small power projects would provide 6400 megawatts electricity to the national grid of Pakistan.
He said the federal government had suffered a great financial loss of Rs 16 billion in a month for providing gas to country’s textile sector. He said the government was considering the proposal to construct Sialkot Ring Road around Sialkot City and underpasses in Sialkot city within two or three years.
