Agritech operations halt amid RLNG shortage
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.
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