Pakistan’s natural gas shortage is hurting its most important export industry, putting even more stress on an economy already struggling with accelerating inflation and a weakening currency.
Executive director of All Pakistan Textile Mills Association, Shahid Sattar says About $250 million of textiles exports were lost last month after mills in Punjab were forced to shut for 15 days.
He says factories in the province are dependent on regasified imports of liquefied natural gas, while domestic supply is being diverted to other regions
Government data shows that Production grew almost 6% in the nine months through March 2021 and the sector accounted for 60% of total exports.