Sui Southern Gas Company

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Sui Southern Gas Company Limited
Company typePublic
PSX: SSGC
IndustryOil & Gas
Founded1954, 1989
HeadquartersKarachi, Pakistan
Key people
Imran Maniar (Managing Director)
ProductsNatural Gas Transmission & Distribution
RevenueIncrease Rs. 296.12 billion (US$1.0 billion)[1] (2021)
Increase Rs. 5.75 billion (US$20 million)[1] (2021)
Increase Rs. 1.95 billion (US$6.8 million)[1] (2021)
Total assetsIncrease Rs. 492.41 billion (US$1.7 billion)[1] (2021)
Websitewww.ssgc.com.pk

The Sui Southern Gas Company (SSGC), (سوئی سدرن گیس کمپنی) formerly known as Sui Gas Transmission Company Limited, is a Pakistani state-owned natural gas supply company based in Karachi, Pakistan.

History

Sui Southern Gas Company was founded in 1954 and a year later, it was listed on the Karachi Stock Exchange following an initial public offering.[2]

The company in its present shape was formed on March 30, 1989, following a series of mergers of three pioneering companies, namely

Indus Gas Company Limited.[3][4]

Sui Southern Gas Company is Pakistan's leading integrated

Balochistan to Karachi, Sindh.[3]

The company also owns and operates the only

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.[5]

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.[6]

See also

References

  1. ^ a b c d "SSGC Annual Report 2021" (PDF). ssgc.com.pk. Retrieved 29 November 2023.
  2. ^ "Road shows for SSGC public offering". DAWN.COM. 14 January 2004.
  3. ^ a b Sui Southern Gas Company Limited - stock quote and company business summary on MarketScreener.com website Retrieved 19 June 2021
  4. ^ Dilawar Hussain (21 November 2002). "Sui Southern Gas Company: CORPORATE PROFILE". Dawn. Retrieved 19 June 2021.
  5. ^ "Pakistan Stock Exchange formally launched". DAWN.COM. 11 January 2016.
  6. ^ "Sindh to face 300mmcfd gas shortage in winter: SSGC". Pakistan Today. 21 September 2020. Retrieved 19 June 2021.

External links

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