The decision to transition the industrial sector from gas-based captive power plants (CPPs) to the national electricity grid, following directives from the IMF, could result in a revenue loss of Rs420 billion for Sui gas companies, according to a news report. These CPPs, which provide energy to sustain industrial activities, generate approximately Rs420 billion annually … Read more
ISLAMABAD: The Board of Directors of the Sui Southern Gas Company Limited (SSGCL) has accepted the resignation of Imran Maniar from the position of Managing Director (MD) and he is set to leave the office on September 13, 2024, the SSGCL confirmed in a stock filing on Tuesday. Sources confirmed that Maniar, who took charge … Read more
Pakistan Petroleum Limited (PPL) has identified and executed a production enhancement opportunity in the Sui Gas Field through the Revamping of SML Compressors resulting in a production increase. The company shared this information with the Pakistan Stock Exchange (PSX) through a notice on Tuesday in compliance of Section 96 of the Securities Act, 2015 and … Read more