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  • Gas shortage issue to be resolved soon: Abdul Razak Dawood

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    • Published in Business
    Abdul Razak Dawood File Photo Abdul Razak Dawood

    Advisor to Prime Minister on Commerce, Textile and Industries, Abdul Razak Dawood has said the government is taking measures to overcome gas shortage as soon as possible.

    Talking to media persons in Islamabad on Friday, the Advisor said that gas supply to all fertilizer manufacturing units continues without any interruption in order to fulfill the domestic fertilizer requirements during the season and providing it to the farmers at affordable rates.

    He said the government is not shutting down fertilizers industries and there is no shortage of urea therefore the farmers should not worry about.

    The Adviser said surplus stock of urea is kept by the fertilizer dealers as well as fertilizer's industries.

    He however said that other industrialists are worried about shortage of gas these days due to increased demand of domestic consumers across the country.

    With respect to recent gas issue in Karachi, the Advisor informed that the Prime Minister took action and asked the concerned authorities to resolve the issue as soon as possible.

    Abdul Razak Dawood informed that his recent visit to Japan remained highly successful as Japanese investors had showed keen interest to invest in Pakistan's engineering, Information Technology, waste water treatment, and desalination plants.

    To a question, he said projects under first phase of China Pakistan Economic Corridor would be completed within a year and after that the government would look forward to expand the scope of CPEC in areas of industries, social development, agriculture, and education.

    To a question regarding Chinese commitment with Pakistan to provide assistance to ease the country's foreign exchange reserves' problem, Dawood said the Chinese Ambassador in Islamabad has reaffirmed that his country stood by what it agreed during the visit of Prime Minister Imran Khan to China last month.

    He said the government is preparing a comprehensive industrial policy which would take some time to be finalized.