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Articles for tag: Ali Pervaiz Malik, BISP, Gas Tariff, IMF, ogra, Petroleum Division, SSGC

November 26, 2025

News Desk

Ogra recommends reduction in SNGPL, SSGC gas prices for FY2025

Oil and Gas Regulatory Authority logo. — Ogra website Proposes reduction in gas tariffs by 3% for SNGPL, 7% for SSGC for FY25. He says the move follows cost, revenue streamlining under the RERR review. It clarifies that the final price change is not OK, the current tariffs remain in effect. The Oil and Gas Regulatory Authority (OGRA) on Tuesday proposed a cut in gas tariffs for consumers, proposing a 3% cut for Sui Northern Gas Pipelines Limited (SNGPL) and 7% for Sui Southern Gas Company (SSGC) for the current financial year. According to the determination, SNGPL’s average prescribed price

February 27, 2025

News Desk

SSGC issues a gas supply program for Ramadan

Representative image of a gas stove. – Reuters Karachi: As Ramadani is less than a week away, Sui Southern Gas Company (SSGC) announced the gas supply program for the sacred month on Wednesday. In a statement, the SSGC said the gas would be available between 3am to 9am for SEHRI (lunch before dawn) and 3:30 pm up to 10 pm for the Iftaar meal during Ramadan. “These timetables have been edited to provide our dear customers for ease of food preparations for Sehar and Iftaar,” the company said. However, SSGC said, it should be borne in mind that around the

September 8, 2024

News Desk

SIFC is pushing for the restart of the LPG plant

Islamabad: The Special Investment Facilitation Council (SIFC) has directed the Department of Petroleum to take positive steps to restart operations at the LPG (liquefied gas) plant of Jamshoro Joint Venture Limited (JJVL). This directive followed a report prepared by the Sustainable Development Policy Institute (SDPI) and discussed at a recent SIFC meeting. According to the report, JJVL’s annual LPG production is estimated at 91,250 metric tonnes (MT). Historically, Sui Southern Gas Company Limited (SSGC) has earned over Rs 30 billion from JJVL across various operating models. The resumption of JJVL operations is expected to reduce LPG imports by 9%, potentially

July 26, 2024

News Desk

SSGC inaugurates new high-pressure pipeline

KARACHI: Sui Southern Gas Company (SSGC) has inaugurated a dedicated pipeline, investing Rs 3.86 billion, to supply fuel at high pressure to industrial consumers in the western part of Karachi. This new phase aims to address low pressure gas issues for industrial customers in the region. According to a press statement, the gas utility has installed a 31-km long, 24-inch diameter pipeline from MVA ACPL to SMS Surjani, solving low-pressure supply problems for industrial customers in the western region. SSGC CEO Imran Maniar inaugurated the pipeline, highlighting that the project will separate low-pressure residential and commercial consumers from high-pressure industrial

April 20, 2024

News Desk

E&P companies seek Rs 75bn tariff subsidy

Islamabad: Oil exploration and production (E&P) companies have informed the federal government that gas utilities’ liabilities to foreign companies have risen to $600 million and have demanded a differential subsidy of Rs 75 billion to prevent the collapse of Pakistan’s oil sector . In a letter to the Petroleum Minister, the Pakistan Petroleum Exploration and Production Companies Association (PPEPCA) claimed that liquefied natural gas (LNG) imports are preferred instead of intensifying efforts to explore natural gas in the country. He argued that late payments became a major impediment to the ability of upstream companies to raise investment in their assets.

March 19, 2024

News Desk

Company may sink if tariff hike delayed: SSGC

Islamabad: The management of Sui Southern Gas Company (SSGC) has warned that the public gas company will sink financially if gas prices do not rise at the right time. In a public hearing held by the Oil and Gas Regulatory Authority (Ogra) on Monday, SSGC sought a price hike of Rs 274.40 per million British thermal units (mmBtu) with effect from July 1, 2024 to meet the demand its revenue of Rs.359 billion. The company asked for Rs 25 billion due to return on assets. The managing director of SSGC said it was a difficult situation for the company as

March 18, 2024

News Desk

After SSGC, SNGPL is also seeking huge hike in gas price

An office of Sui Northern Gas Pipelines Limited (SNGPL) is seen in this undated picture. —SNGPL Website/File SNGPL has estimated a revenue shortfall of Rs 189.18 billion. It calls for the enhanced price of natural gas to be implemented from July 1. Ogra will hear SNGPL’s appeal on March 25 in Lahore. LAHORE: After Sui Southern Gas Company (SSGC), Sui Northern Gas Pipelines Limited (SNGPL) has also asked the Oil and Gas Regulatory Authority (Ogra) to increase the price of natural gas, Geo News reported on Monday. The company sought a 147% gas price hike from the regulator that would

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