Pakistan’s two main gas companies, SNGPL and SSGC, have requested large price increases for consumers starting in July. They cited growing financial gaps and rising revenue needs for the 2025–26 fiscal year. These proposals were submitted to the regulator as part of their tariff review process. Sui Northern Gas Pipelines Ltd (SNGPL) has asked for […]
SNGPL
SNGPL’s shareholders approves 70% cash dividend for FY 2020-21
LAHORE: The 57th Annual General Meeting of shareholders of Sui Northern Gas Pipelines Limited (SNGPL) was held on Friday, July 29 2022 at Pearl Continental Hotel. The shareholders of the Company Approved the Annual Accounts for FY 2020-21 with profit after tax of Rs. 10.99 billion translating into EPS of Rs. 17.32. The shareholders also […]
After SNGPL, SSGC also asks for hike in gas tariff
KARACHI: The Sui Southern Gas Company (SSGC) has also submitted a petition to the Oil and Gas Regulatory Authority (OGRA) asking for a hike in the gas tariff. The report says that the state-owned gas company has requested the regulator to hike the price of gas by Rs58.42 per Million British Thermal Units (mmBtu) for […]
New oil refining policy to be submitted before Federal Cabinet soon: Senate body
The Senate’s Standing Committee on Petroleum was told on Wednesday that the new oil refining policy, which mainly focused on attracting maximum investment in this sector, would soon be presented before the Federal Cabinet for its approval. The policy would allure huge investment in the oil refining sector by offering tax rebate to the local […]
KPD gas field in the SSGC network is back online, says Hammad Azhar
Minister for Energy Hammad Azahr on Wednesday stated that the Junnar Passaki Deep (KPD) gas field has resumed supply to the Sui Southern Gas Company Limited (SSGCL) network after completing its annual turnover. Taking to twitter, he also announced the start of dry docking of Engro’s LNG terminal, which he said will be completed by […]
OGRA to hear SNGPL’s plea for 33% price hike
The Oil and Gas Regulatory Authority (OGRA) will hear the plea of Sui Northern Gas Pipelines Limited (SNGPL) for increasing the gas price up to 33%. OGRA will hear the objections of all stakeholders on Tuesday. The hearing will be conducted in a local hotel by OGRA chairman Masroor Khan. On June 9, OGRA had […]
Significant Improvement in the Situation SNGPL Reduces UFG Losses by 1.60%; Saves Rs. 755 Million
PRESS RELEASE: In a major development, Sui Northern Gas Pipelines Limited (SNGPL) has announced a significant reduction in UFG and volumetric losses of the Company. Announcing the results for the first quarter of Financial Year 2020-21of the three-year UFG Reduction Plan approved by ECC, the Company has declared 1.60% and 1,576 MMCF reduction in UFG […]
Swindler arrested
A swindler-who used to threaten innocent peoples in the city for money-was caught red-handed by employees of SNGPL and was handed over to local police. Senior Superintendent SNGPL Usman Ejaz informed that last week, a permanent employee of the company brought into his notice the accused named Nasir who was portraying himself as SNGPL employee, […]
Senate body discusses queue system of PSO oil tankers
The Senate Standing Committee on Petroleum in its meeting on Friday discussed the issues of queue system for oil tankers in the PSO fleet and the preference to make tankers/lorries compliant to the standards defined by the Oil and Gas Regulatory Authority (OGRA) and the National Highway Authority (NHA). The committee’s earlier direction was of […]
Pakistan’s energy consumers were unhappy customers in 2018
The Federal Ombudsman of Pakistan reveals that power and gas distribution companies’ performance remained unsatisfactory in 2018 as 60 percent of complaints received by Ombudsman were against state-owned and private electricity/gas supply companies. According to the official data, total 70,713 complaints were received against Pakistan’s major agencies during the year 2018 by Federal Ombudsman, among […]