Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

SSGCL restores gas supply to JJVL, A.F Furguson appointed to supervise the arrangement

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

January 8, 2019 (MLN): Under an agreement between Sui Southern Gas Company Limited (SSGCL) and Jamshoro Joint Venture Limited (JJVL), the gas supply to JJVL which was earlier discontinued has now been restored, revealed an official notification issued by SSGCL to the Pakistan Stock Exchange (PSX).

According to the notification, under the arrangement endorsed by the Honorable Supreme Court of Pakistan (SCP), M/s. A.F Furguson & Co. has been appointed as Receiver by the SCP to supervise the arrangement.

Moreover, 50% of the income derived from this arrangement will be claimed as Non-Operating Income as per the current Tariff Regime introduced by the Oil & Gas Regulatory Authority (OGRA).

Copyright Mettis Link News

Posted on: 2019-01-08T09:38:00+05:00

25223