The Sui Southern Gas Company Limited (SSGC) will receive additional 38 Million Cubic Feet per Day (MMCFD) gas to meet its demands, as the federal cabinet has ratified the decisions of the Economic Coordination Committee (ECC) taken in this regard.
According to sources, the federal cabinet met on Tuesday under the chair Prime Minister Imran Khan to take certain important decisions, including ratification of ECC decisions taken in its Oct 28 meeting.
As per the sources, additional allocation of 38mmcfd gas will help SSGC meet its demands, besides enabling the company to avert the looming gas crisis.
Talking to this scribe, an SSGC official, on condition of anonymity, confirmed the decision taken by the cabinet for additional allocation of gas to SSGC, adding that a notification in this regard would be issued soon.
The Petroleum Division had earlier approached the ECC to accord a formal approval for allocation of 38mmcfd gas from three new wells (Rehman 6, 7 & 8) to SSGCL. The ECC, in its Oct 28 meeting, had considered the Petroleum Division’s summary and approved the same.
Rehman gas field is being operated by Polish Oil and Gas Company (PGNiNG SA) located in district Daddu. The joint venture comprises PGNiG SA with 70pc share and Pakistan Petroleum Limited (PPL) with 30pc share. The company had requested the Petroleum Division to allocate additional gas volumes under commercial production to the government nominated buyer i-e SSGC.