ECC seeks data on present stock, provide, and demand for fertilisers.
ISLAMABAD: Till the precise estimates of the quantity of fertiliser required for the present crop sowing season have been made public, the Financial Coordination Committee (ECC) has postponed making a choice in regards to the buy of 200,000 tonnes of urea.
The difficulty was introduced up throughout a current ECC assembly, sources advised The Specific Tribune. The committee requested estimates of the nation’s urea provide, demand, and stockpiles from the Ministry of Industries and Manufacturing.
Policymakers had been notified that fuel stress considerations had prompted Fauji Fertiliser Bin Qasim Restricted (FFBL) to lose 22,000 tonnes of manufacturing.
The Ministry of Nationwide Meals Safety and Analysis had already predicted that the yearly urea offtake could be 6.508 million tonnes, which was made public in the course of the convention. The demand elevated by 86,000 tonnes in March 2023, thus it later up to date the estimate.
If each of the fertiliser factories owned by Sui Northern Fuel Pipelines Restricted (SNGPL) have been to shut by Might 31, 2023, the meals ministry estimated that 800,000 tonnes of imports could be wanted.
The Meals Ministry’s plan to import 200,000 tonnes of urea by Might 15, 2023, was accepted by the Fertiliser Evaluate Committee throughout a gathering held on April 6, 2023 to evaluate the state of affairs.
It was recommended that fuel ought to proceed to be equipped uninterruptedly to Agritech and Fatima Fertiliser (Sheikhupura facility) previous Might 31 and into December 2023.
To ensure that all fertiliser amenities to provide urea at their peak ranges, it requested that the Petroleum Division ensure that most fuel stress is maintained.
In keeping with the Ministry of Industries’ proposal, Fatima Fertiliser (Sheikhupura) and Agritech, two SNGPL-based vegetation, could also be permitted to proceed working previous Might 31 2023 till December 31, 2023. That is in accordance with the suggestions made by the fertiliser committee.
It was recommended that the Buying and selling Company of Pakistan (TCP) be given permission to start the method for importing 200,000 tonnes of urea by a government-to-government (G2G) association and a world tender.
The Ministry of Commerce proposed that TCP may be permitted to make use of Rule 5 of the Public Procurement Regulatory Authority (PPRA) Guidelines in accordance with the proposals.
