Sui Southern Gas Company
 | |
 | |
| Type | Public |
|---|---|
| PSX: SSGC | |
| Industry | Oil & Gas |
| Founded | 1955, 1989 |
| Headquarters | Karachi, Pakistan |
Key people | Imran Maniar (Managing Director) |
| Products | Natural Gas Transmission & Distribution |
| Revenue |  PKR 69,084.41 Million (2007) |
| PKR 290.38 Million (2007) | |
Number of employees | 7153 employees |
| Website | www.ssgc.com.pk |
The Sui Southern Gas Company (SSGC), (سوئی ساؤدرن گیس کمپنی) formerly known as Sui Gas Transmission Company Limited, is a Pakistani natural gas supply company based in Karachi, Pakistan.
History[]
It was formed in 1955. The company in its present shape was formed on March 30, 1989, following a series of mergers of three pioneering companies, namely Sui Gas Transmission Company Limited, Karachi Gas Company Limited and Indus Gas Company Limited.[1][2]
Sui Southern Gas Company is Pakistan's leading integrated gas company. The company is engaged in the business of transmission and distribution of natural gas in southern part of Pakistan- mainly in Sindh and Baluchistan. Sui Southern Gas Company transmission system extends from Sui, Balochistan to Karachi, Sindh.[1]
The company also owns and operates the only gas meter manufacturing plant in the country, under an agreement with Schlumberger Industries, France. The Company is listed on the Pakistan Stock Exchange. On 11 January 2016, all 3 local city stock exchanges merged to form Pakistan Stock Exchange.[3]
Gas Shortfall[]
As of September 2020, a gas shortfall of 150mmcfd is faced by SSGC.[4]
National Gas Transmission Company (NGTC)[]
National Gas Transmission Company (Pakistan) is planned to be formed. It would operate as a common carrier for the existing/newly formed gas distribution companies as well as under third party access rules/codes promulgated by OGRA. NGTC would not be engaged in the purchase or sale of gas and will only be mandated to transport gas.[5]
Unaccounted for Gas (UfG)[]
The Unaccounted for Gas (UfG) of Sui Southern Gas Company (SSGC) is growing exponentially. The UfG has increased to 14 percent of SSGC in financial year 2020-21. The permissible limit of UfG is seven percent.[6]
See also[]
- Sui gas field
- Sui Northern Gas Pipelines Limited
- Sui Southern Gas Company cricket team
- KSE 100 Index
References[]
- ^ Jump up to: a b Sui Southern Gas Company Limited - stock quote and company business summary on MarketScreener.com website Retrieved 19 June 2021
- ^ Dilawar Hussain (21 November 2002). "Sui Southern Gas Company: CORPORATE PROFILE". Dawn (newspaper). Retrieved 19 June 2021.
- ^ Pakistan Stock Exchange formally launched Dawn (newspaper), Updated 11 January 2016, Retrieved 19 June 2021
- ^ "Sindh to face 300mmcfd gas shortage in winter: SSGC". Pakistan Today (newspaper). 21 September 2020. Retrieved 19 June 2021.
- ^ Ahmadani, Ahmad (22 October 2020). "Petroleum Division moves for 'unbundling' of SNGPL, SSGC". Pakistan Today (newspaper). Retrieved 19 June 2021.
- ^ Iqbal, Wasim (21 October 2020). "UfG of SNGPL and SSGC growing alarmingly". Business Recorder (newspaper). Retrieved 19 June 2021.
External links[]
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- Oil and gas companies of Pakistan
- Natural gas companies
- Natural gas pipeline companies
- Companies based in Karachi
- Energy companies established in 1955
- Non-renewable resource companies established in 1955
- 1955 establishments in Pakistan
- Energy companies established in 1989
- Non-renewable resource companies established in 1989
- Companies formed by merger
- Companies listed on the Pakistan Stock Exchange
- Pakistani companies established in 1989
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