Tag: curtailment

Fertilizer industry facing severe gas curtailment

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article image STAFF REPORT LHR: World’s largest single-train urea production plant is facing a serious financial crisis while the gas curtailment has forced it to reschedule its Rs65 billion debt payments. According to sources, the gas curtailment to the fertilizer industry in Pakistan has led to massive financial burden on the government, besides resulting in losses running into billions of rupees on domestic urea plants."The gas curtailment to domestic urea plants has cost about $566 million on…Read More