Saturday, January 8, 2011

Urea fertiliser stock almost exhausted

 Urea fertiliser stock almost exhausted 

ISLAMABAD: Fertiliser Price Review Committee (FPRC) was informed Wednesday that stock of urea fertiliser in the country was about to exhaust and if urea producing units are not provided with proper gas supply immediately, the country might confront several crises, sources told our sources.

The FPRC meeting recommended to Prime Minister that Gas Load Management might be curtailed to 30 days instead of 45 days as per practice of previous years. Furthermore, decision of gas diversion to Fertiliser Manufacturing Companies from Mari Gas Station, already taken by FPRC and ECC, may get implemented immediately.
The meeting expressed dissatisfaction over delay on gas pipeline by Ministry of Water and Power for an IPP project, from which gas supply would be given to urea fertiliser producing unit.
Under the directives of Chairman of FPRC Mir Hazar Khan Bijarani, a summary regarding curtailment of gas to 30 days and supply of gas to fertiliser producing unit has been prepared and sent to Prime Minister for approval. With the approval and implementation on both recommendations, about 0.2 million tonnes of urea would be produced locally within 15 days. Moreover, a two-member delegation comprising Federal

Secretary Industries & Production and Federal Secretary Food & Agriculture has been tasked to negotiate summarily with the concerned Saudi Authorities for an immediate import of 225,000 tonnes of urea through SABIC facility. The delegation is going to negotiate with them in a day or two.

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