LAHORE   -  Federal Energy Minister Hammad Azhar said Saturday that the government is exploring alternate sources of energy due to rapidly depleting reserves of natural gas in the country. Talking to reporters in Lahore, the Minister said Pakistan has lower oil prices compared to other countries in the region. He said the electricity price has been increased due to circular debt and the government is trying to bring it down in order to provide maximum relief to the people. Hammad Azhar said new grid stations are being established in Lahore for provision of better energy supply to the consumers. He also said that the government had achieved remarkable success in its three years tenure regarding economic growth rate of the country.

Talking to a private news channel, he said every sector was showing positive results as remittances were increasing, enhancing exports, improvement in stock exchange, increasing foreign reserves and visible improvement in agriculture was the results of the prudent policies of the incumbent government.