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Leather sector rejects increase in gas prices

Karachi, January 03, 2013 (PPI-OT): Tanners and leather industry has widely rejected the massive increase in gas prices terming it another blow to the export-oriented industry and the economy of the country. In a statement Chairman Pakistan Tanners Association (PTA) SZ, Amanullah Aftab while condemning the frequent raises in Utility charges particularly gas prices by the present regime said that the present government is ruthlessly hitting the industry by frequently increasing the prices utility and other inputs while in the same time energy crisis and law and order situation has resulted in totally wiping out the profit margin of the exporters and they are forced to run their units in losses.

On the decision taken by Oil and Gas Regulatory Authority (OGRA) to increase gas prices by 6.1 per cent per mmbtu for all consumer categories as highly cruel and detrimental to the local and export-oriented industry.

“It seems that government will not leave any opportunity to hit the industry hard and to create worst ever joblessness in the country through its anti-industry and anti-economy decisions”, Amanullah said adding that industry is suffering hardest time since the inception of Pakistan due to repeated blows of frequent increases in utility prices and cost of doing business has crossed all proportions besides worst ever law and order situation prevailing in the industrial hub of the country. He earnestly called upon the government to show some resilience and refrain from over-burdening the industry and spoil the national economy.

For more information, contact:
Moinuddin Quraishi
Secretary
Pakistan Tanners Association
46-C, 21st Commercial Street,
Phase II, Extn., Defence Housing Authority,
Karachi-75500 –
Pakistan.
Tel: +92-21-35880180, 35880184, 35899819,
Fax: 92-21-35880093
Email: info@pakistantanners.org

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