{"id":7331,"date":"2021-07-01T08:00:22","date_gmt":"2021-07-01T08:00:22","guid":{"rendered":"https:\/\/undergroundnews.co.uk\/?p=7331"},"modified":"2021-07-01T08:00:24","modified_gmt":"2021-07-01T08:00:24","slug":"karachi-trade-bodies-ssgc-sign-mou-to-address-gas-crisis","status":"publish","type":"post","link":"https:\/\/undergroundnews.co.uk\/?p=7331&lang=en","title":{"rendered":"Karachi trade bodies, SSGC sign MoU to address gas crisis"},"content":{"rendered":"\n<p><strong>Mishaal Arshad C.M Underground News.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>SSGC to ensure full-pressure gas supply in 7 industrial zones in exchange for them not agreeing to use gas for one day of the week.\u00a0<\/strong><\/li><li><strong>MoU has been signed on a short-term basis.\u00a0<\/strong><\/li><li><strong>Gas shortfall triggered by recurring maintenance works in fields, delay in LNG imports.<\/strong><\/li><\/ul>\n\n\n\n<p>KARACHI: The Sui Southern Gas Company (SSGC) Wednesday signed a short-term Memorandum of Understanding (MoU) with Karachi\u2019s trade associations to avert the gas crisis adversely affecting industrial output, as per a report in \u2018The News\u2019.<\/p>\n\n\n\n<p>The SSGC has agreed to a full-pressure gas supply in all seven industrial zones for six days a week, in exchange for the zones agreeing to not use gas for one day of the week.\u00a0<\/p>\n\n\n\n<p>\u201cSeven Karachi town associations have signed a memorandum of understanding with SSGC on a short-term basis to address the gas crisis and find a solution to gas shutdown in industries,\u201d Faisal Moiz, President of the North Karachi Association of Trade and Industry, said.<\/p>\n\n\n\n<p>Karachi\u2019s industrialists and businessmen have been reeling from the gas crisis, which was caused by the government suspending gas supply to the non-export industrial sector, due to recurring maintenance works in fields.\u00a0<\/p>\n\n\n\n<p>There is also a shortfall aggravated by a delay in LNG imports due to the hype over the pricing of the fuel imported in the past.<\/p>\n\n\n\n<p>A day earlier, in a meeting with SAPM on Power Tabish Gauhar, Karachi businessmen had slammed the gas shutdown with the city, the industrial hub, getting 380 million metric cubic feet of gas, only 18% of the total gas supply.<\/p>\n\n\n\n<p>They had said the majority of exporters are devastated by the current crisis and skeptical about meeting orders on time. Economic activities have returned to normal after almost a year of lockdown and partial lockdowns associated with coronavirus infection.<\/p>\n\n\n\n<p>Moiz said the terminals would be repaired from June 29 to July 9 during which industries would not get gas at full pressure.<\/p>\n\n\n\n<p>There is a 170 million cubic feet per day gas shortfall in SSGC\u2019s system due to the annual turnaround of the Kunnar Pasakhi Deep gas field. SSGC continues facing a shortfall of 70mmcfd as the Kunnar Pasakhi Deep gas field turnaround is expected to end after July 9.<\/p>\n\n\n\n<p>Under the agreement, each zone has to observe the gas holiday on its turn.\u00a0<\/p>\n\n\n\n<p>\u201cNorth Karachi industrialists will not run their factories on gas on Thursday due to our turn,\u201d he said. \u201cIf any industrial unit violates the agreement, we will not be responsible.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Mishaal Arshad C.M Underground News. SSGC to ensure full-pressure gas supply in 7 industrial zones in exchange for&hellip;\n","protected":false},"author":3,"featured_media":7332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[76,71,38],"tags":[],"class_list":{"0":"post-7331","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-important-news","8":"category-latest-news","9":"category-pakistan","10":"cs-entry","11":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/7331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7331"}],"version-history":[{"count":1,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/7331\/revisions"}],"predecessor-version":[{"id":7333,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/7331\/revisions\/7333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=\/wp\/v2\/media\/7332"}],"wp:attachment":[{"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/undergroundnews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}