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SSGC is Working to Bring 190 MMCFD Gas Into the System to Reduce Shortfall

admin-augaf by admin-augaf
January 20, 2023
in Business, Finance
Reading Time: 2 mins read
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SSGC PKR 66 Billion Receivable May Be Settle As Federal Government Asked For NOC of Pakistan Steel Mill

SSGC PKR 66 Billion Receivable May Be Settle As Federal Government Asked For NOC of Pakistan Steel Mill

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Karachi January 20 2023: Sui Southern Gas Company Limited (SSGC) is working with oil and gas exploration companies to bring 190 MMCFD of gas into the system

“A number of gas fields in the Country remained unallocated to any of the gas utilities (i.e. SSGC and SNGPL) primarily due to the non-viability of production at the prices prescribed by relevant E&P policies. SSGC-AE is working to facilitate the delivery of natural gas from unallocated fields to the end consumers through third party access arrangement(s)” says company Chief Executive Officer Muhammad Imran Maniar.

He added, “The Company has formalized gas purchase agreement of ~10 MMCFD natural gas with one of the E&P operators and is working to secure another ~190 MMCFD of unallocated natural gas through similar arrangements, which will be available in the system after performing necessary purification/ processing.”

SSGC-AE is also in close coordination with the OGRA for implementation of project for natural gas quality optimization through inert gas injection. The project offers sparing of 8-10 MMCFD natural gas which will be beneficial for both SSGC and SSGC-AE as well as natural gas consumers across the southern franchise areas.

SSGC is driving the development of Pakistan’s first-ever Bio-gas Bio-methane supply chain which will be on Built-Own-Operate basis and will be connected to utility network on commercial terms. SSGC is working closely with the consultant for expedited development of adequate tendering requisites as well as the Front End Engineering Design and Draft Policy Framework. Target publication of tender is first week of February 2023.

Tags: SSGC
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