Posted - August 29, 2013- Staff Reporter - The Nation
KARACHI - Sui Southern Gas Company Managing Director Zuhair Siddiqui has
said that import of LNG is company’s top priority. He highlighted
different hurdles and issues being faced by the company’s management in
this regard.
He was giving the presentation to the Federal Minister
for Petroleum and Natural Resources Shahid Khaqan Abbasi who visited
SSGC head office for the first time after assuming the charge of the
ministry. He was also accompanied by the Minister for State Jam Kamal
Khan and Federal Secretary, MP&NR Abid Saeed.
Federal Minister gave suggestions and instructions to SSGC management for addressing these issues.
Focusing
on other important developmental projects, MD SSGC informed that in
Balochistan, Zarghoon Gas Pipeline Project will be completed during
September 2013 and the cost incurred would be Rs 1.458 billion.
After
completion of the said project around 25 mmcfd gas will be added in
SSGC’s system that will be provided to Quetta city. The project consists
of around 64 km long pipeline network.
The MD elaborated on other
gas supply projects, which were completed during recent past or under
completion. He said that Jhal Magsi, Sinjhoro, Kunnar Pasakhi, Mehar,
Rehman and Nar Baghla gas supply projects were completed against a cost
of Rs. 3.432 billion, comprising of 291 km long pipelines that added
around 235 mmcfd gas in SSGC’s system.
Managing Director informed the
guests that during the last 5 years, company has succeeded, for the
first time, to bring down its UFG by 2 percent. The Managing Director
also explained the progress on SSGC’s Natural Gas Efficiency Project
(NGEP).
The Federal Minister was also informed by the Managing
Director about the huge receivables of Rs. 50.53 billion from KESC and
Rs. 16.32 billion from Pakistan Steel Mills which are due since long. MD
said that KESC is not acknowledging the late payment surcharge.
Later,
the Minister and Secretary visited different departments that included
1199 Contact Center, IT’s Geographical Information System (GIS) and Data
Storage Centre and expressed their satisfaction over the smooth
management.
Post to be found at:
http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/business/29-Aug-2013/import-of-lng-ssgc-s-top-priority-md
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