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 LPG market yet they have invariably been involved in making false allegations against SSGCL and its subsidiary SSGC LPG Ltd (SLL),” a statement issued by SSGCL said.“Quite clearly these false…
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Shamshad again chosen for SSGCL board chair
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 of the board of directors for which elections will be held”, said a statement issued by the Petroleum Division. She is already holding the same position on a temporary basis…
Read MoreUEP’s gas: ECC to allow allocation to SSGCL
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 working interest of 33.40% along with Pakistan Petroleum Limited (33.30%) and Prime Pakistan (M) Limited (33.30%). As per the provisions of Petroleum Policy and Petroleum Concession Agreement (PCA) signed between…
Read MoreSSGC suspends gas supply for two days
KARACHI: While continuously facing a gas shortage in the system, Sui Southern Gas Company Ltd (SSGCL) on Friday announced a supply suspension for 48 hours for industries starting from Jan 6 (8:00 am) to Jan 8. SSGCL said the availability of gas has decreased, resulting in the depletion of line packs, causing low pressures in the system. All industries including their power generation units and all CNG stations in Sindh (including those being operated on RLNG) will remain closed for 48 hours, according to a press release issued by the…
Read More‘Energy Hub’: KPT levels accusation against SSGCL
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 Maritime Affairs on Investment Cooperation in the port operations projects. The said MoU was signed on November 27, 2023. The Investment opportunities are being explored for initiating different port projects…
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