Agritech operations halt amid RLNG shortage

News Image

MG News | March 04, 2026 at 12:13 PM GMT+05:00

March 04, 2026 (MLN): Agritech Limited (PSX: AGL) is facing an operational shutdown at its Urea plant due to a suspension in RLNG supply.

The disruption follows a “Potential Event of Force Majeure” declared by the LNG supplier, triggered by ongoing regional conflicts in the Middle East, which have affected LNG production facilities and disrupted supply in the country.

The situation is beyond the control of Sui Northern Gas Pipelines Limited (SNGPL) and materially impacts its ability to deliver RLNG to Agritech’s fertilizer plant.

Consequently, RLNG supply to the plant has been suspended effective from 00:00 hours on March 4, 2026, with operations halted until further notice.

The situation is being continuously monitored and efforts are underway in coordination with government-designated LNG buyers to minimize the disruption.

Agritech has been advised to make necessary arrangements to manage the impact of the RLNG shortage.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

 

 

Related News

Name Price/Vol %Chg/NChg
KSE100 180,392.98
610.92M
1.89%
3353.15
ALLSHR 108,164.81
1,218.64M
1.62%
1725.65
KSE30 53,921.42
273.38M
1.95%
1030.99
KMI30 256,900.46
245.46M
1.35%
3425.80
KMIALLSHR 69,949.43
735.02M
1.15%
794.76
BKTi 49,914.69
75.35M
3.58%
1722.97
OGTi 36,322.92
15.57M
1.25%
446.83
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,865.00 66,160.00
65,475.00
165.00
0.25%
BRENT CRUDE 78.46 79.57
78.38
-0.50
-0.63%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
5.25
4.46%
ROTTERDAM COAL MONTHLY 125.50 125.50
125.00
-0.45
-0.36%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 74.81 76.06
74.72
-5.94
-7.36%
SUGAR #11 WORLD 14.29 14.35
14.04
0.10
0.70%

Chart of the Day


Latest News
June 17, 2026 at 09:22 AM GMT+05:00

PSX to remain closed on June 25-26 for Ashura Holidays


June 17, 2026 at 07:53 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 16, 2026 at 09:26 PM GMT+05:00

Oil falls below $80 as Hormuz set to reopen on Friday


June 16, 2026 at 07:02 PM GMT+05:00

BOI pushes investment-led growth agenda



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg