Friday, September 24, 2021

SNGPL

Curbing gas theft in Karak only to save Rs 10 billion annually: Mian Zahid 

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday lauded the decision of the Prime Minister Imran...

Masses, industry cannot take another gas shock: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said proposed gas price hike will damage masses...

Picking a defaulter as an advisor, right decision of PM Khan?

Prime Minister Imran Khan has reshuffled the cabinet and the advisors among them, Nadeem Babar will serve as the SAPM on Petroleum Division. Unfortunately, Naeem Babar new advisor of Petroleum ministry was the defaulter of SNGPL for about Rs...

SNGPL earning expects 10 percent increase YoY during FY18

Sui Northern Gas Pipelines Limited (SNGP) is scheduled to announce its FY18 / 1QFY19 financial result on Monday (22nd Apr’19). We expect the company to post earnings of PKR 9,474mn (EPS: PKR 14.94) during FY18, depicting a jump of...

Line losses and gas theft should be contained instead increasing gas tariff: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain said the Government has already increased gas tariffs 143% in...

ECC waives Rs 700 million penalty against overstayed consignments at ports

Finance Minister Asad Umar chaired meeting of the Economic Coordination Committee of the Cabinet (ECC) on Wednesday. On a summary of the Petroleum Division, the ECC approved gas supply to Tall and adjacent areas of district Hangu, Khyber Pakhtunkhwa....

Depleting natural gas in Pakistan: Residential sector to move on LPG

In recent past natural gas reserves in Pakistan witnessed depletion. Both Sui Northern Gas Company Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC) have cautioned that within 5 years of span gas reserves in the country may see...

Two LNG vessels arrived at port city of Pakistan, gas crises to end soon

Two vessels namely Al Ghashamiya and Exquisite carrying Liquified Natural Gas (LNG) arrived and berthed at the Elengy terminal near Port Qasim, Pakistan. Source from PQA revealed that the LNG will be fueled for Punjab directly. The spokesperson of Sui...
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Latest News

BMG body elects Muhammad Idrees as President KCCI

The Managing Committee of Karachi Chamber of Commerce & Industry (KCCI), in its meeting held on Thursday, unanimously elected...
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