Observer Report
Karachi
President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance Mian Zahid Hussain has said a serious gas crisis in the country is looming which has taken away the night sleep of the investors.
In a statement issued here on Friday, he alleged that the successive governments have not done enough to balance supply and demand for gas over the last decade which has make crisis part of the winter in the country.
Mian Zahid Hussain said that Prime Minister Imran Khan should take steps to hinder crisis in the making as it will drag the economy down.
He said that coronavirus, sugar and flour crisis, rains and political struggle over Karachi has added to the problems of masses and investors while gas crisis is also in the making which will be a major blow to them.
The veteran business leader said that demand for gas has outpaced supply since a decade and no major discovery could be ensured but gas companies are adding five to seven hundred thousand consumers annually pushing up the shortfall to almost3.7 billion cubic feet.
