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ICST calls to cut theft of local gas worth billions

September 14, 2017

ISLAMABAD, Sep 14 (INP): Islamabad Chamber of Small Traders on Thursday lauded the government for importing LNG to bridge the gap between demand and supply and demanded steps to contain theft of local gas which has reached to an unprecedented level of one billion cubic feet per day. The precious foreign exchange is used to import LNG while the theft of the local gas has almost doubled to the import of gas which is a great loss, it said. The government should take steps to reduce losses as the same volume of gas can help generate 5500 megawatts of electricity at a rate of Rs5 per unit, said Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt. INP/AH