Business leaders reject hike in gas tariff
KARACHI: Chairman of the Businessmen Group (BMG) Zubair Motiwala and President of the Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani have strongly opposed the Economic Coordination Committee’s (ECC) decision to raise gas tariffs, calling the move illogical and damaging amid soaring input costs and export pressures.
In a joint statement issued on Friday, the business leaders described the move as unjustified, given the prevailing energy market conditions. They noted that international Brent crude prices have declined, and the SNGPL system is already grappling with a........
© Dawn Business
