The benefits to Pakistan would be more gas potentially available for power generation and lowering greenhouse emissions. - File photo

ISLAMABAD: Pakistan has requested the World Bank for a loan of about $200 million to enhance the supply of natural gas by reducing the physical and commercial losses of gas in the pipeline system, it was officially learnt here.

High levels of unaccounted-for-gas (UFG) are the major contributor to the ever-aggravating gas supply crisis in Pakistan. UFG in Pakistan was recorded at about 9 per cent which is highest as compared to around 2 per cent in the countries of Organisation for Economic Cooperation and Development (OECD), a World Bank report says.

Official sources said that beneficiaries of the project will be mainly the consumers of natural gas in Sindh and Balochistan which would have more gas available with unaccounted-for-gas (UFG) cost in their tariff and adequate gas pressure.

The project which is expected to be approved by the executive board of World Bank by the end of this year and will be carried out by the SSGC which will be the key beneficiary of the project.

The benefits to Pakistan would be more gas potentially available for power generation and lowering greenhouse emissions.

The household gas appliance industry in the country generally produces low- efficiency appliances that do not meet Pakistan's thermal efficiency standards.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Return to the helm
Updated 28 Apr, 2024

Return to the helm

With Nawaz Sharif as PML-N president, will we see more grievances being aired?
Unvaxxed & vulnerable
Updated 28 Apr, 2024

Unvaxxed & vulnerable

Even deadly mosquito-borne illnesses like dengue and malaria have vaccines, but they are virtually unheard of in Pakistan.
Gaza’s hell
Updated 28 Apr, 2024

Gaza’s hell

Perhaps Western ‘statesmen’ may moderate their policies if a significant percentage of voters punish them at the ballot box.
Missing links
Updated 27 Apr, 2024

Missing links

As the past decades have shown, the country has not been made more secure by ‘disappearing’ people suspected of wrongdoing.
Freedom to report?
27 Apr, 2024

Freedom to report?

AN accountability court has barred former prime minister Imran Khan and his wife from criticising the establishment...
After Bismah
27 Apr, 2024

After Bismah

BISMAH Maroof’s contribution to Pakistan cricket extends beyond the field. The 32-year old, Pakistan’s...