SSGCL accuses ‘front men’ of creating LPG shortages

ssgc-ae

ISLAMABAD: The Sui Southern Gas Company Ltd (SSGCL) on Thursday accused ‘front men’ of Liquefied Petroleum Gas (LPG) market operators of making complaints before the government institutions to block state-owned entities’ retail business for creating shortages and black marketing the product for personal gains.“Most of the complainants are self-proclaimed stakeholders and they themselves do not have any stakes in the…

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Shamshad again chosen for SSGCL board chair

Shamshad-Ather

ISLAMABAD: While still in the government, the Petroleum Division has announced the nomination of Caretaker Finance Minister Dr Shamshad Akhtar as chairperson of the board of directors of the state-owned Sui Southern Gas Company Ltd (SSGCL) for another three-year term.“In recognition of her professional dedication and unwavering efforts, the government had nominated Dr Shamshad Akhtar for another tenure as chairperson…

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UEP’s gas: ECC to allow allocation to SSGCL

SSGC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is to allow allocation of United Energy Pakistan’s (UEP’s) 35 mmcfd gas to Mohar Field to Sui Southern Gas Company Limited (SSGCL), well-informed sources told Business Recorder. Mohar Field is located in Latif Block, district Khairpur, Sindh province and the field is being operated by United Energy Pakistan (UEP) Beta GmbH with…

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‘Energy Hub’: KPT levels accusation against SSGCL

KPT

ISLAMABAD: Karachi Port Trust (KPT) has accused Sui Southern Gas Company Limited (SSGCL) of impeding ‘Energy Hub’ process as the gas utility company is not cooperating on the intake pipeline, well-informed sources told Business Recorder. Sources said the Special Investment Facilitation Council (SIFC) shared an MoU signed between Ministry of Investment of the United Arab Emirates (UAE) and the Ministry of…

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Pakistan gets costly LNG bids for January

LNG-chain

ISLAMABAD: Pakistan on Friday received four international bids, with the lowest at $18.46 per unit, for the supply of a liquefied natural gas (LNG) cargo in the first part of January to meet anticipated peak winter shortage in the residential sector as the gas regulator notified 1.2 per cent increase in the sale price of regasified-LNG (RLNG) for November. The…

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BQATI opposes hike in gas tariffs

Gas-tariff

KARACHI: Bin Qasim Association of Trade and Industry (BQATI) has protested against the massive hike in industrial gas tariffs. In a general body meeting held at the BQATI Secretariat here the other day, the association decided that, in addition to demonstrations, no export days would be observed unless the government pays serious attention to Karachi’s industries and reconsiders the decision…

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Special forensic audit of SSGCL, Pesco, Hesco ordered

Shamshad-Ather

ISLAMABAD: Finance Division has directed the authorities to conduct special forensic audit of Peshawar Electric Supply Company (PESCO) and Hyderabad Electric Supply Company (HESCO). At a recent meeting presided over by the caretaker Finance Minister, Dr Shamshad Akhtar, it was decided to conduct special audit of SSGCL, PESCO and HESCO. Power sector quagmire: Implementation of 3-pronged strategy begins Finance Division…

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