Loadshedding to Intensify in Coming Months as Fuel Stocks Dip

Loadshedding to Intensify in Coming Months as Fuel Stocks Dip in 2022

Former Prime Minister Shahid Khaqan Abbasi warned on Thursday that load-shedding is likely to worsen in the coming months as Pakistan faces fuel shortages due to insufficient supply arrangements.

The senior Pakistan Muslim League Nawaz (PMLN) leader told journalists in Islamabad that the minimum load-shedding duration in June and July will be three hours.

He stated that the country’s current load-shedding duration is two and a half hours. However, load shedding on certain feeders lasts longer because power plants are closed due to a lack of fuel.

He went on to say that because fuel prices are at all-time highs around the world, electricity cannot be produced using expensive fuel because it would be out of reach for consumers.

During the previous PMLN administration, the government signed a long-term contract with Qatar to import LNG at a rate of $10/MMBTU, according to the former premier. Even at $30/MMBTU, LNG is currently unavailable. He blamed the government of Pakistan Tehreek-e-Insaf for mismanagement in the energy sector.

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