Sui_Southern_Gas_Company
Sui Southern Gas Company
Natural gas company in Pakistan
The Sui Southern Gas Company (SSGC), (سوئی سدرن گیس کمپنی) formerly known as Sui Gas Transmission Company Limited, is a Pakistani state-owned natural gas supply company based in Karachi, Pakistan.
| Company type | Public |
|---|---|
| PSX: SSGC | |
| Industry | Oil & Gas |
| Founded | 1954, 1989 |
| Headquarters | Karachi, Pakistan |
Key people | Imran Maniar (Managing Director) |
| Products | Natural Gas Transmission & Distribution |
| Revenue |  Rs. 296.12 billion (US$1.0 billion)[1] (2021) |
| Rs. 5.75 billion (US$20 million)[1] (2021) | |
| Rs. 1.95 billion (US$6.8 million)[1] (2021) | |
| Total assets | Rs. 492.41 billion (US$1.7 billion)[1] (2021) |
| Website | www |
Sui Southern Gas Company was founded in 1954 and a year later, it was listed on the Karachi Stock Exchange following an initial public offering.[2]
The company in its present shape was formed on March 30, 1989, following a series of mergers of three pioneering companies, namely Sui Gas Transmission Company Limited, Karachi Gas Company Limited and Indus Gas Company Limited.[3][4]
Sui Southern Gas Company is Pakistan's leading integrated gas company. The company is engaged in the business of transmission and distribution of natural gas in southern part of Pakistan- mainly in Sindh and Baluchistan. Sui Southern Gas Company transmission system extends from Sui, Balochistan to Karachi, Sindh.[3]
The company also owns and operates the only gas meter manufacturing plant in the country, under an agreement with Schlumberger Industries, France. The Company is listed on the Pakistan Stock Exchange. On 11 January 2016, all 3 local city stock exchanges merged to form Pakistan Stock Exchange.[5]
As of September 2020, a gas shortfall of 4.2 million cubic metres (150 million cubic feet) per day is faced by SSGC.[6]
- "SSGC Annual Report 2021" (PDF). ssgc.com.pk. Retrieved 29 November 2023.
- "Road shows for SSGC public offering". DAWN.COM. 14 January 2004.
- Dilawar Hussain (21 November 2002). "Sui Southern Gas Company: CORPORATE PROFILE". Dawn. Retrieved 19 June 2021.
- "Pakistan Stock Exchange formally launched". DAWN.COM. 11 January 2016.
- "Sindh to face 300mmcfd gas shortage in winter: SSGC". Pakistan Today. 21 September 2020. Retrieved 19 June 2021.