LNG Import : Will it be a game changer for Pakistan?

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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

market.

 

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

to 90.