THE adviser on petroleum and natural resources (PNR) has grossly mismanaged this very important ministry.

History will tell, and tell shortly, how much damage he has caused by first changing the board of directors and chief executives of some important corporations in his ministry by bringing his favourites and then micromanaging the decision-making. So much so that even allocation of gas, providing new connections and diverting gas from one sector to another are being done on his instructions.

Another scam that will open up is the purchase of dilapidated Progas LPG terminal for Rs2.8bn by the SSGC. A very bad investment decision, yet forced by the adviser on the SSGC. He now claims that by phasing out the closure of CNG he will divert gas to industry.

Even if he closes all the CNG, he will not have enough gas for the industry. Both utility companies know this but the adviser will not listen. Recently he went to Iran with an entourage giving an impression that he has successfully negotiated with Iran a $500m loan for pipeline construction.

The IP pipeline has fallen into serious snags. Even the consortium of banks that were officially selected as financial advisers, headed by the Bank of China, has shown it inability because all these banks will have their branches shut in the US because of the sanctions.

The natural gas shortages of the winter have already started to appear. Industry in Punjab is already on two days a week. The CNG in Punjab is perpetually closed due to a very shrewd move by the adviser through Ogra. Towns and villages in Sindh and Balochistan are burning wood for cooking as there is virtual clampdown on gas pressures.

The situation in Punjab is even worse. The results of the recent by-elections in Punjab should be an eye-opener for President Asif Ali Zardari. One of the major factors is and will be natural gas shortage.

KAZI SHAFQAT HUSSAIN Hyderabad

Opinion

Editorial

Missing links
27 Apr, 2024

Missing links

THE deplorable practice of enforced disappearances is an affront to due process and the rule of law. Pakistan has...
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...
Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...