Tuesday, May 20, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Headline

KATI sees gas load shedding as set back to economy

News Desk by News Desk
December 12, 2018
Karachi faces environmental challenges: Commissioner
Share on FacebookShare on Twitter

Karachi: Patron-in-Chief of Korangi Association of Trade & Industry (KATI) SM Muneer President Danish Khan, Senior Vice President Faraz-ur-Rehman and Vice President Maheen Salman expressed grave concerns over interrupted gas supply to the industry and captive power plants in Karachi. According to a statement released by KATI SM Muneer said that in a recently meeting with the Prime Minister, Imran Khan categorically reaffirmed that no load shedding of gas will be observed for the industry of Karachi in coming months, so that export targets could be met. President Danish Khan said that industry has already told the federal and provincial governments that interruption in gas supply will directly hit the industrial production and will impact national economy adversely.

He said that due to gas load shedding captive power plants facing sever issues and this was affecting particularly Pharmaceutical industry, where production of life saving drugs could also come to halt, the consequences would be drastic on the common people life, he noted. Danish Khan was of view that already industrial production facing a lot of hurdles and gas load shedding will directly affect the export oriented industrial sector. He added that PM Khan also said on many occasions that the only way to stable economy is to boost our exports , but in current situation it would be near to impossible while the export related industry were facing sever energy issues.

He also urged the federal government to provide the due share of gas production of Sindh under the constitutional obligation, as the industry and domestic consumer couldn’t bear gas shortage and were deprived of their basic right under the law of land. He further said that interruption in gas supply is totally unacceptable for industry and authorities should make sure its uninterrupted availability to the industrial sector and to the captive power plants.    

Tags: KATISM Muneer
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

Standard Chartered: "Global Islamic Finance Assets to Surpass USD 7.5  Trillion by 2028"
BANKING

Standard Chartered: "Global Islamic Finance Assets to Surpass USD 7.5 Trillion by 2028"

May 20, 2025
State Bank of Pakistan Hosts 16th SAARCFINANCE Seminar on “Challenges and Opportunities in the Capacity Building of the Central Banks and Financial Industry – Lessons for SAARCFINANCE Countries
Headline

SBP issues the Guidelines for the Regulatory Sandbox

May 20, 2025
Mobilink Bank becomes the first in the banking industry to bag Top Employer in Pakistan for 2025
BANKING

Mobilink Bank becomes the first in the banking industry to bag Top Employer in Pakistan for 2025

May 20, 2025
PVMA Urges Government to Remove Sales Tax Section 8B for Ghee & Cooking Oil Industry in Upcoming Budget
Business

PVMA Urges Government to Remove Sales Tax Section 8B for Ghee & Cooking Oil Industry in Upcoming Budget

May 20, 2025
Pakistan Association of Auto Parts Manufacturers Warns of Industry Collapse Under New Tariff Policy
Business

Pakistan Association of Auto Parts Manufacturers Warns of Industry Collapse Under New Tariff Policy

May 20, 2025
Business leaders pay glowing tribute to COAS and armed forces.
Business

Business leaders pay glowing tribute to COAS and armed forces.

May 20, 2025
MG Motors Pakistan Line-Off Ceremony of 1000th MG HS PHEV – True Hybrid Electric
Business

MG Motors Pakistan Line-Off Ceremony of 1000th MG HS PHEV – True Hybrid Electric

May 20, 2025
Rufayda Hamdard College of Nursing (RHCN) hosted a special event yesterday at Naimat Begum Hamdard University Hospital to mark the International Nursing Day.
Business

Rufayda Hamdard College of Nursing (RHCN) hosted a special event yesterday at Naimat Begum Hamdard University Hospital to mark the International Nursing Day.

May 19, 2025
Ms. Sadia Rashid, President – HFP and Chancellor of Hamdard University  is addressing
Business

Ms. Sadia Rashid, President – HFP and Chancellor of Hamdard University  is addressing

May 19, 2025
Pakistan turned Indian military operation Sindoor into Operation Vidwa. Nusrat Mirza
Headline

Pakistan turned Indian military operation Sindoor into Operation Vidwa. Nusrat Mirza

May 19, 2025
Next Post
OICCI organizes Women Empowerment Awards to acknowledge its member companies

OICCI organizes Women Empowerment Awards to acknowledge its member companies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Zarnab Shastri’s Private Videos Leaked Amid Manahil Malik’s Controversy

Sajal Malik Video Leak Sparks Controversy as Fans and Critics Debate

Another leak: TikToker Somal Mohsin’s private videos go viral

Another obscene video of Minahil Malik goes viral

Torino Comics Honors Akira Toriyama, Creator of Dragon Ball and Dr. Slump

Must Read

NdcTech
Headline

Saudi Arabia Tourism Development Fund Launches Digital Lending Service with Temenos & NdcTech in Just 60 Days

October 5, 2021
Mobilink Bank carries the day at Veon’s Ignite Awards held in Istanbul.
BANKING

Mobilink Bank carries the day at Veon’s Ignite Awards held in Istanbul.

November 13, 2023
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.