ISLAMABAD, May 12: President General Pervez Musharraf on Friday stressed the need for importing natural gas from regional countries to meet growing energy requirement in the industrial and agriculture sectors.

He was presiding over a meeting held to encourage private sector participation in the supply of gas to far-flung and hilly areas, where laying long pipelines was difficult and expensive.

The president directed the petroleum and natural resources ministry to ensure supply of gas to a maximum number of districts and tehsils in the country by December 2007 as part of the strategy to meet domestic and industrial energy requirements.    

He said the private sector should be facilitated in transporting energy through Liquefied Natural Gas (LNG) projects and alternative sources like windmill, solar, etc.    

He said that work on plans like the LNG project at Karachi be speeded up so that the industry got a continuous supply of fuel to sustain the economic growth.    “The people should get gas easily. The provision of gas in hilly areas will stem deforestation and help improve environment,” he said.    

He expressed satisfaction at progress vis-a-vis projects for import of gas from Iran and Turkmenistan. Pakistan, he said, would encourage exploration in oil and gas sectors and asked the ministry to tap maximum energy resources.    

The meeting was informed that Pakistan expected about $1 billion investment in the oil and gas exploration sector over the next few years.—Online/APP

Opinion

Editorial

A hasty retreat
Updated 28 Nov, 2024

A hasty retreat

Govt should not extend its campaign of violence against PTI and its leaders, thinking it now has the upper hand. Enough is enough.
Lebanon truce
28 Nov, 2024

Lebanon truce

WILL it hold? That is the question many in the Middle East and beyond will be asking after a 60-day ceasefire ...
MDR anomaly removed
28 Nov, 2024

MDR anomaly removed

THE State Bank’s decision to remove its minimum deposit rate requirement for conventional banks on deposits from...
Islamabad march
Updated 27 Nov, 2024

Islamabad march

WITH emotions running high, chaos closes in. As these words were being written, rumours and speculation were all...
Policing the internet
27 Nov, 2024

Policing the internet

IT is chilling to witness how Pakistan — a nation that embraced the freedoms of modern democracy, and the tech ...
Correcting sports priorities
27 Nov, 2024

Correcting sports priorities

IT has been a lingering battle that has cast a shadow over sports in Pakistan: who are the national sports...