1/8 Why is there electricity load shedding in peak winter when demand for power is very low and given that there was little to no load shedding even during last summer under PMLN and caretaker govts when the demand for power was higher.
2/8 And secondly why is there so much gas shortage when there has been considerable reduction in gas shortages even during winters during the last two years. The short answer is PTI govt’s mismanagement and incompetence.
3/8 In order to not follow what PMLN achieved by setting up LNG import terminals, the world’s most efficient power plants, and a large North-South pipeline, the PTI due to its, I may say so too, arrogance and unpreparedness, didn’t import enough LNG.
4/8 The result: the 3 most efficient gas-fired power plants producing the lowest variable cost electricity in Pakistan and installed by PMLM govt are running at half capacity. The next 4 most efficient gas-fired plants installed during Gen Musharraf’s time are totally shut down.
5/8 Yet PTI govt is running much more costly and less efficient furnace oil plants. Rather than making power at 7 cents (LNG) they are making power for 13 cents (furnace oil). Mind boggling. Because many gas fired plants are shut down or not running full we have load shedding.
6/8 Why? Because there isn’t enough gas. Yet we have terminal capacity to import LNG. So why did they not import LNG and make cheaper power. In fact PTI actually delayed shipments of existing contracts. This has caused huge shortage of gas both for consumers and power plants.
7/8 Also they have not understood how demand and supply was managed during PMLN time when some LNG was sold as domestic gas during winters to feed the industry and domestic sector. And then domestic gas was sold as LNG in summer to make up the losses. This lending and borrowing
8/8 is common throughout the world. This would have mitigated our gas shortage. Why did the PTI govt stop this very useful system pursued by PMLN. Again and again when it comes to PTI the answer is arrogance and unpreparedness. And then misinformation to hide their incompetence.
