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Pakistani Gas Company From Wikipedia, the free encyclopedia
Sui Northern Gas Pipeline Limited (Urdu: سوئی ناردرن گیس پائپ لائن لمیٹڈ) was incorporated as a private limited company in 1963 and later converted into a public limited company in January 1964 under the Indian Companies Act 1913 of British India, now The Companies Act 2017 of Pakistan. It is listed on the Pakistan Stock Exchange.[2][3]
Company type | Public |
---|---|
PSX: SNGP KSE 100 component KSE 30 component | |
Industry | Oil & Gas |
Founded | 1963 |
Headquarters | Head Office in Lahore, Pakistan |
Area served | Punjab, Khyber Pakhtunkhwa, Azad Kashmir & Islamabad |
Key people | Amer Tufail (CEO) |
Products | Natural Gas Transmission & Distribution |
Revenue | Rs. 1.29 trillion (US$4.5 billion)[1] (2022) |
Rs. 15.50 billion (US$54 million)[1] (2022) | |
Rs. 10.36 billion (US$36 million)[1] (2022) | |
Total assets | Rs. 1.26 trillion (US$4.4 billion)[1] (2022) |
Number of employees | 8,488[1] (2022) |
Website | www |
SNGPL is the largest integrated gas company serving more than 7.22 million consumers in north central Pakistan through an extensive network in Punjab, Khyber Pakhtunkhwa and Azad Jammu & Kashmir.
The main transmissions regions of SNGPL are Faisalabad, Lahore, Multan, and Wah. The maximum diameter used in the transmission pipelines is around 42 inches. The company has 16 distribution regions.
SNGPL takes gas in 2 ways. The first one is 'System Gas' and the second is 'RLNG'. In the case of System Gas, the gas obtained from local resources is about 750-800 mmcd. While in the case of RLNG (Re-gasified Liquified Natural gas), gas is imported from foreign countries in the form of liquid in a closed container.
The Company took over the existing Sui-Multan System with 217 miles (349 km) of 16 inches (410 mm) and 80 miles (130 km) of 10 inches (250 mm) diameter pipelines from Pakistan Industrial Development Corporation (PIDC) and Dhulian-Rawalpindi-Wah system with 82 miles (132 km) of 6 inches (150 mm) diameter pipeline from Attock Oil Company. The Company's commercial operations commenced by selling an average of 1.3 million cubic metres (47 million cubic feet) per day gas in two regions viz. Multan and Rawalpindi.[4]
Company Registration Number: CUIN-0043761
National Tax Number(NTN): 0801137-7
The UFG of SNGPL was 8.06% in FY 2021-22. The permissible limit of UFG is 6.30%. [5]
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