PAKISTAN
Sui Southern Gas Company Limited (SSGC) has informed the Pakistan Stock Exchange (PSX) that its Board of Directors, in a meeting held on July 17, 2025, has approved an initialed agreement with Jamshoro Joint Venture Limited (JJVL) for the extraction of Liquefied Petroleum Gas (LPG) and Natural Gas Liquids (NGL).
The agreement, which outlines the terms and conditions mutually agreed upon by both parties, has already been endorsed by the Special Investment Facilitation Council (SIFC). Following this approval, a formal agreement will now be signed between SSGC and JJVL to officially execute the arrangement.
The signing will also facilitate the resumption of gas supply to the JJVL plant, marking a key development in the company’s efforts to optimize gas resource utilization.
This disclosure has been made in compliance with regulatory requirements for dissemination to market participants.
ER News Desk
