News item published in Daily The News titled “Govt couldn’t purchase gas Cargoes in time, admits Tarin” is completely misleading & out of the context.
When anchor (Nadeem Malik) asked about the gas shortfall situation in the country, he stated the reasons including the ongoing global LNG shortages which have created fiasco, and it was not in control of anybody.
Government has been buying the gas as required, despite higher international prices. However, he has mentioned there was one tender scrapped in July, but this has nothing to do with winter gas. The Adviser Finance has not mentioned at any point that winter gas shortfalls are due to non procurement of LNG on time.
It is also clarified that very little LNG is diverted to domestic gas consumers because of high price differential and the gas shortages in winter which we face every year due to depletion of our local gas fields.
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