SNGPL okays to lay pipeline from newly discovered gas fields to transmission grid

News Image

MG News | June 17, 2022 at 09:19 AM GMT+05:00

June 17, 2022 (MLN): Sui Northern Gas Pipeline Limited (SNGPL) has approved to lay 295 KMs of pipeline from the newly discovered gas fields in the vicinity of North Waziristan and Lakki Marwat area, to the SNGPL transmission network injection point, company’s filing on bourse showed today.

In a notice, the company said that the operators of the newly discovered gas fields have approached SNGPL for laying of infrastructure/pipeline for injection of this gas into the Company’s transmission system/grid.

The estimated cost of the project is Rs23.4 billion while the project is expected to be completed within FY 2022-23.

The initial estimated quantity of gas expected through these fields is around 50MMCFD to 70 MMCFD which will help to bridge the gas supply and demand gap in the Country.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,943.60
158.72M
-0.40%
-698.56
ALLSHR 104,321.41
475.66M
-0.32%
-337.01
KSE30 51,172.13
54.01M
-0.47%
-242.51
KMI30 244,613.98
54.36M
-0.61%
-1493.10
KMIALLSHR 67,557.66
293.76M
-0.40%
-268.80
BKTi 47,953.70
27.40M
-0.37%
-178.53
OGTi 34,968.31
4.83M
-0.32%
-113.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,465.00 78,680.00
77,880.00
95.00
0.12%
BRENT CRUDE 100.90 101.94
100.81
-0.31
-0.31%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
2.10
1.64%
ROTTERDAM COAL MONTHLY 140.00 0.00
0.00
1.25
0.90%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 96.07 97.79
95.94
0.02
0.02%
SUGAR #11 WORLD 18.35 18.47
18.08
0.25
1.38%

Chart of the Day


Latest News
September 10, 2026 at 07:34 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


September 09, 2026 at 11:06 PM GMT+05:00

Third straight fuel hike: diesel jumps Rs6.72, petrol Rs3.4


September 09, 2026 at 04:27 PM GMT+05:00

KP oil, gas output from Karak, Lakki Marwat fields rises in FY26



Top 5 things to watch in this week

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