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Wednesday, June 20, 2012

Gas supply to fertilizer sector stopped

The government has directed the Sui Northern Company to stop supplying gas to the fertilizer sector due to the ongoing power crisis in the country. The government has directed the Sui Northern Company to stop supplying gas to the fertilizer sector due to the ongoing power crisis in the country.

The government has directed the Sui Southern to cut supply to fertilizer manufacturing companies and instead ensure supplying maximum quantity of gas to power producers to help produce as much electricity as possible.

The fertifitizer companies have intimated this development to the Karachi Stock exchange. These include Engro Fertilizers and Dawood Hercules.

According to Sui Northern Company this measures is being taken on the government directive and gas supply to the fertilizer companies would be restored as soon as the sitaution improves.

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