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

By-election trends
Updated 23 Apr, 2024

By-election trends

Unless the culture of violence and rigging is rooted out, the credibility of the electoral process in Pakistan will continue to remain under a cloud.
Privatising PIA
23 Apr, 2024

Privatising PIA

FINANCE Minister Muhammad Aurangzeb’s reaffirmation that the process of disinvestment of the loss-making national...
Suffering in captivity
23 Apr, 2024

Suffering in captivity

YET another animal — a lioness — is critically ill at the Karachi Zoo. The feline, emaciated and barely able to...
Not without reform
Updated 22 Apr, 2024

Not without reform

The problem with us is that our ruling elite is still trying to find a way around the tough reforms that will hit their privileges.
Raisi’s visit
22 Apr, 2024

Raisi’s visit

IRANIAN President Ebrahim Raisi, who begins his three-day trip to Pakistan today, will be visiting the country ...
Janus-faced
22 Apr, 2024

Janus-faced

THE US has done it again. While officially insisting it is committed to a peaceful resolution to the...