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

Plugging the gap
06 May, 2024

Plugging the gap

IN Pakistan, bias begins at birth for the girl child as discriminatory norms, orthodox attitudes and poverty impede...
Terrains of dread
Updated 06 May, 2024

Terrains of dread

Restored faith in the police is unachievable without political commitment and interprovincial support.
Appointment rules
Updated 06 May, 2024

Appointment rules

If the judiciary had the power to self-regulate, it ought to have exercised it instead of involving the legislature.
Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....