LNG Import : Will it be a game changer for Pakistan?
ISLAMABAD, Aug 28 (APP): Managing Director Sui Northern Gas
Pipeline Limited (SNGPL) Amjad Latif has said LNG import project
had proved a game-changer by reviving local industry and providing
employment opportunities that would take its sellings to record 3.2
MMBTU gas per day by end of next year.
Addressing the annual dinner of the Officer Association of the
SNGPL, the managing director said the company was currently selling
1.8 billion MMBTU gas per day. The company has saved Rs4.4 billion
by reducing the unaccounted for gas (UFG) to single digit from 11
per cent to 9 percent, he added.
He said that the financial health of the company had also
strengthened as company's shares reached to double in the stock
He informed the gathering that the task of laying 1,000
kilometre pipeline from Sawan to Lahore would be completed within
stipulated time. Transmission, distribution, construction and sales
departments had shown better performance and attributed company's
all successes to the hard work of the employees.
He said that the SNGPL had never laid a pipeline more than the
stretch of 200 kilometres and lauded the performance of the staffers
for helping the company achieve new targets.
He said that company's future was bright and maximum
facilities would be extended to the employees for their welfare.
Amjad Latif said the company was going through a crucial stage
when he had assumed the office but he had targeted to elevate the
company to top 10 entities of the country. "We are very close to the
target," he said with satisfaction.
He said no one could impede company's progress if its
transmission, distribution, construction and sales departments
were performing well.
Amjad Latif said the company was adopting a new marketing
vision of the federal government and the Federal Minister Shahid
Khaqan Abbasi that would help them to fulfill the new requirements
of the market.
LNG Import: Statistics and figures for last one year
The managing director informed that the company was supplying
uninterrupted gas to the industry, fertilizer industry, power
houses, commercial and domestic consumers as per their demand.
Amjad Latif said the number of new applicants including those
from housing societies was increasing but hoped that they would
bridge the demand-supply gap by end of next year.
The managing director was he was alive to the issues
confronting the employees of the company and was also aware of its
resources. The employees' demands were genuine which could not be
turned down, he added.
In his welcome address, Azam Khan, the president of the
Association appreciated the efforts of the company's management and
put forth employees' demands including house building loan, car loan
for officers of grade 1-6, and increasing the annual leaves from 60