Sui Southern Gas Company

The Sui Southern Gas Company (SSGC), (سوئی سدرن گیس کمپنی) formerly known as Sui Gas Transmission Company Limited, is a Pakistani natural gas supply company based in Karachi, Pakistan. The Government of Pakistan directly and indirectly owns the majority of the shareholdings of the Company.

Sui Southern Gas Company Limited
TypePublic
PSX: SSGC
IndustryOil & Gas
Founded1955, 1989
HeadquartersKarachi, Pakistan
Key people
Imran Maniar (Managing Director)
ProductsNatural Gas Transmission & Distribution
RevenueIncreasePKR 69,084.41 Million (2007)
IncreasePKR 290.38 Million (2007)
Number of employees
7153 employees
Websitewww.ssgc.com.pk

History

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 4.2 million cubic metres (150 million cubic feet) per day is faced by SSGC.[4]

See also

References
  1. Sui Southern Gas Company Limited - stock quote and company business summary on MarketScreener.com website Retrieved 19 June 2021
  2. Dilawar Hussain (21 November 2002). "Sui Southern Gas Company: CORPORATE PROFILE". Dawn (newspaper). Retrieved 19 June 2021.
  3. Pakistan Stock Exchange formally launched Dawn (newspaper), Updated 11 January 2016, Retrieved 19 June 2021
  4. "Sindh to face 300mmcfd gas shortage in winter: SSGC". Pakistan Today (newspaper). 21 September 2020. Retrieved 19 June 2021.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.