Government sanctions Rs.2.5 billion subsidy to SNGP

News Image

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

0:00

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 127,279.01
131.82M
1.31%
1651.70
ALLSHR 79,264.94
415.01M
0.87%
680.22
KSE30 38,741.92
38.98M
1.54%
588.14
KMI30 186,663.74
51.65M
0.96%
1777.24
KMIALLSHR 54,094.02
221.95M
0.61%
330.21
BKTi 32,487.18
28.95M
1.77%
565.50
OGTi 27,819.02
2.04M
0.16%
45.04
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,290.00 108,105.00
107,145.00
-945.00
-0.87%
BRENT CRUDE 66.48 66.63
66.34
-0.26
-0.39%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.82 65.02
64.67
-0.29
-0.45%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News

Top 5 things to watch in this week

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