Long-term supply solution needed

THE power industry, which is struggling with a gas supply shortage situation, requires some long-term solutions to its problems.

Many of the current suggestions are short term in nature, involving possible measures such as higher gas supply from Petroliam Nasional Bhd (Petronas), the cost differential between gas and alternative fuels to be borne by Petronas, higher borrowings by Tenaga Nasional Bhd (TNB) to pay for expensive alternatives, soft loans or subsidies from the Government and higher tariffs.