SSGC Board approves LPG, NGL deal with JJVL

News Image

MG News | July 18, 2025 at 10:38 AM GMT+05:00

July 18, 2025 (MLN): The Board of Directors of Sui Southern Gas Company Limited (PSX: SSGC) has approved the initial agreement with Jamshoro Joint Venture Limited (JJVL) for the extraction of Liquefied Petroleum Gas (LPG) and Natural Gas Liquids (NGL), the company said in a notice.

The decision was taken during the Board meeting held on July 17, 2025, at SSGC’s head office.

The agreement has already received endorsement from the Special Investment Facilitation Council (SIFC), based on mutually agreed-upon terms and conditions between the two parties.

Following the Board’s approval, SSGC and JJVL will now move forward with the formal signing of the agreement, which will also pave the way for the resumption of gas supply to the JJVL plant.

This development marks a significant step toward operationalizing a long-stalled partnership and enhancing domestic LPG and NGL production capabilities.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M
1.30%
2237.52
ALLSHR 104,178.62
550.40M
0.93%
964.13
KSE30 52,166.33
164.58M
1.26%
649.19
KMI30 250,496.48
141.11M
1.59%
3930.77
KMIALLSHR 67,844.06
318.73M
1.20%
801.29
BKTi 47,430.11
44.68M
0.28%
130.40
OGTi 36,386.96
9.01M
0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 73,850.00 74,260.00
73,715.00
135.00
0.18%
BRENT CRUDE 91.89 92.95
89.93
-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00
-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00
-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 87.76 0.00
0.00
0.40
0.46%
SUGAR #11 WORLD 14.07 14.35
13.90
0.14
1.01%

Chart of the Day


Latest News
May 31, 2026 at 10:59 AM GMT+05:00

Triple crown for Arif Habib Limited


May 31, 2026 at 10:10 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


May 30, 2026 at 04:31 PM GMT+05:00

Weekly Market Roundup


May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn



Top 5 things to watch in this week

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