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Pakistan wrestles with serious gas shortage 

11:25 PM | 19 Dec, 2020
Pakistan wrestles with serious gas shortage 

LAHORE – Domestic and industrial consumers are facing shortage of gas across Pakistan since the winter season fell amid warnings of more severity in days to come. 

CNG stations are being closed in Sindh, Balochistan, Punjab and Khyber Pakhtunkhwa due to non-availability of the gas. 

The Sui Southern Gas Company (SSGC) had announced that the supply of gas will remain suspended for two days a week — on Mondays and Saturdays.

It added that the decision was taken in light of the availability of gas, adding that supply to industrial sector will be dropped 50 percent, a move that will ultimately affect the production in the country.

The supply to the CNG stations in KP has also been suspended for four days while the Sui Northern Gas Pipelines Limited had halted supply to Punjab’s CNG stations for indefinite period. 

Domestic users in KP and Punjab have complained of disruption in gas supply, adding that cold season has made the situation worst. Some has said that they are facing low pressure of gas. 

The users have to buy LNG to cook food and keep themselves warm in harsh winters. SSGC, however, are saying Balochistan is getting all the gas it needs.

An official of the SSGC said that the low pressure is because of the illegal use of compressor by some people. 

On the other hand, the government has arranged 12 LNG cargoes for January 2021 to avoid an even worst situation. 

A statement issued by the Petroleum Division spokesperson said that additional LNG has also been arranged in some cargoes.

For January 2021, 30% more and cheaper LNG is being sought as compared to the rates and quantity in January 2018, the spokesperson said, adding that the SSGC is facing low gas pressure in Karachi and Quetta.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 25 Feb 2024 forex rates

Pakistani rupee remains stable against US dollar in the open market on February 25, 2024 (Sunday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 25 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94

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