Government sanctions Rs.2.5 billion subsidy to SNGP

News Image

MG News | December 17, 2018 at 09:48 AM GMT+05:00

December 17, 2018 (MLN): The President of Pakistan, Dr. Arif Alvi has sanctioned a payment of Rs.2.515 billion on account of subsidy to M/s Sui Northern Gas Pipelines Limited, for Gas/RLNG supply to industrial sector (Exporters of five Zero-Rated sectors, namely: Textile (including jute), Carpets, Leather, Sports and Surgical Goods) for the period October 16, 2018 to November 30, 2018 for financial year 2018-19.

As per an official press release by the Ministry of Energy (Petroleum Division), the Finance division has approved supplementary grant of Rs.25.749 billion to the Ministry of energy (Petroleum Division), in favor of M/s Sui Northern Ga Pipelines.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 166,409.25
235.53M
-0.47%
-784.19
ALLSHR 100,707.78
824.63M
-0.45%
-457.17
KSE30 49,026.65
68.91M
-0.60%
-294.03
KMI30 237,971.74
66.09M
-0.41%
-986.42
KMIALLSHR 65,023.98
327.90M
-0.48%
-312.08
BKTi 45,944.24
13.97M
-0.74%
-340.31
OGTi 33,648.58
5.44M
-0.37%
-124.48
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,435.00 78,550.00
76,820.00
1465.00
1.90%
BRENT CRUDE 111.64 112.41
111.44
-1.79
-1.58%
RICHARDS BAY COAL MONTHLY 134.00 0.00
0.00
0.75
0.56%
ROTTERDAM COAL MONTHLY 148.05 0.00
0.00
0.30
0.20%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 102.33 102.75
102.25
-1.79
-1.72%
SUGAR #11 WORLD 19.37 19.58
19.21
-0.10
-0.51%

Chart of the Day


Latest News
November 01, 2026 at 10:38 PM GMT+05:00

Petrol price freeze costs refiners PKR49/litre


October 31, 2026 at 05:38 PM GMT+05:00

SECP marks nearly 40,000 non-filing companies inactive


October 31, 2026 at 03:34 PM GMT+05:00

Weekly Market Roundup



Top 5 things to watch in this week

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