SNGPL increases gas shedding for 72 hours to Industrial units in Faisalabad – Alfalah Securities Limited

Karachi: Sui Northern Gas Pipelines Limited (SNGPL) has recently announced to increase gas shedding for 72 hours from previously 48 hours to the industrial units in Faisalabad, starting from September 18, 2011 to September 21, 2011.

According to Alfalah Securities Limited, Faisalabad city has approximately 600 industrial units constituting mostly of textile units have thousands of people working on a daily wage basis which would suffer due to this gas shedding. The new gas shedding schedule and continued electricity shortage have caused many large and small units in Faisalabad to shutdown and have caused many units to default on exports due to low production.

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