Global News

[ad_1] ISLAMABAD: Pakistan’s economic policymakers have suggested amendments to the gas supply priority order with the objective of according top priority to the industry, which will help boost industrialisation process in the country. In a recent meeting of the Economic Coordination Committee (ECC), its members argued that the merit order for gas supply had been distorted as the domestic sector (residential consumers) got first priority with no value addition. They underscored the need for amending the economic merit order by placing the industry at the top as it was making value addition and fetching revenue for the country. It was pointed out that the government had already decided the gas load management plan wherein provision of gas to domestic consumers would be ensured for eight hours a day during winter months. However, some policymakers emphasised that it would not be prudent to further reduce gas supply to residential consumers by relegating them in the priority or