The Sui Southern Gas Company (SSGC), () formerly known as Sui Gas Transmission Company Limited, is a Pakistani state-owned natural gas supply company based in

Karachi Karachi is the capital city of the Administrative units of Pakistan, province of Sindh, Pakistan. It is the List of cities in Pakistan by population, largest city in Pakistan and 12th List of largest cities, largest in the world, with a popul ...

, Pakistan. Sui Southern Gas Company is Pakistan's leading integrated

gas Gas is a state of matter that has neither a fixed volume nor a fixed shape and is a compressible fluid. A ''pure gas'' is made up of individual atoms (e.g. a noble gas like neon) or molecules of either a single type of atom ( elements such as ...

company. The company is engaged in the business of

transmission Transmission or transmit may refer to: Science and technology * Power transmission ** Electric power transmission ** Transmission (mechanical device), technology that allows controlled application of power *** Automatic transmission *** Manual tra ...

and

distribution Distribution may refer to: Mathematics *Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations *Probability distribution, the probability of a particular value or value range of a varia ...

natural gas Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...

in southern part of

Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...

- mainly in

Sindh Sindh ( ; ; , ; abbr. SD, historically romanized as Sind (caliphal province), Sind or Scinde) is a Administrative units of Pakistan, province of Pakistan. Located in the Geography of Pakistan, southeastern region of the country, Sindh is t ...

and

Baluchistan Balochistan ( ; , ), also spelled as Baluchistan or Baluchestan, is a historical region in West and South Asia, located in the Iranian plateau's far southeast and bordering the Indian Plate and the Arabian Sea coastline. This arid region of de ...

. Sui Southern Gas Company transmission system extends from Sui,

Balochistan Balochistan ( ; , ), also spelled as Baluchistan or Baluchestan, is a historical region in West and South Asia, located in the Iranian plateau's far southeast and bordering the Indian Plate and the Arabian Sea coastline. This arid region o ...

History

Sui Southern Gas Company's history goes back to Sui Gas Transmission Company (SGTC) which was established in 1954 to purchase natural gas from Pakistan Petroleum, which had discovered

in Sui, Balochistan in 1952. The company was responsible for transporting gas to

and other intermediate markets via pipeline. The funding for SGTC came from multiple sources including

Pakistan Industrial Development Corporation Pakistan Industrial Development Corporation (PIDC) () is a state corporation of Pakistan working under Ministry of Industries and Production (Pakistan), Ministry of Industries and Production. History Pakistan Industrial Development Corporation ...

(PIDC), Commonwealth Development Finance,

Burmah Oil The Burmah Oil Company was a leading British oil company which was once a constituent of the FTSE 100 Index. In 1966, Castrol was acquired by Burmah, which was renamed Burmah-Castrol. BP Amoco purchased the company in 2000. History The c ...

, and general public, with each entity investing approximately PKR 10 million. The remaining funding required, around PKR 90 million, was sourced through a $5 million loan from the International Bank for Reconstruction & Development. The construction of the 347-mile pipeline with a 16-inch diameter and a capacity of 110 million cubic feet of gas per day was carried out by Pakistan Constructors, a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

between

Morrison Knudsen Morrison may refer to: People * Morrison (surname), people with the Scottish surname Morrison * Morrison Heady (1829–1915), American poet * Morrison Mann MacBride (1877–1938), Canadian merchant Places in the United States * Morrison, Colorad ...

and William Press. The project commenced in July 1954 and was completed by April 1955. In 1955, it was listed on the

Karachi Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...

following an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

. By September 1955, the pipeline was operational, distributing gas to consumers. In the Federal District, Karachi Gas Company was formed to handle local distribution, with a capital of PKR 15 million, funded equally by the public, PIDC, and Industrial Management Limited as the managing agents. Additionally, Indus Gas Company was established under the supervision of PIDC to distribute gas to regions outside the Federal Capital area, with managerial and technical support from Italian firm,

Snam Snam S.p.A. is an Italian energy infrastructure company. As of 31 December 2023, it had a market capitalization of €15,611 million. Snam was originally a subsidiary of Italian energy company Eni. It has since become an independent company, wh ...

. In March 1989, following a series of mergers of three companies, namely Sui Gas Transmission Company, Karachi Gas Company and Indus Gas Company , Sui Southern Gas Company was formed.Sui Southern Gas Company Limited - stock quote and company business summary on MarketScreener.com website
Retrieved 19 June 2021

Subsidiaries

SSGC owns and operates the only

gas meter A gas meter is a specialized flow meter, used to measure the volume of fuel gases such as natural gas and liquefied petroleum gas. Gas meters are used at residential, commercial, and industrial buildings that consume fuel gas supplied by a g ...

manufacturing plant in the country, under an agreement with

Schlumberger Industries Schlumberger (), doing business as SLB, is a global multinational oilfield services company. Founded in France in 1926, the company is now incorporated as Schlumberger NV in Willemstad, Curaçao, with principal executive offices in Houston, ...

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

References

External links

Sui Southern Gas Company Official Website
{{DEFAULTSORT:Sui Southern Gas Company Oil and gas companies of Pakistan Natural gas companies Natural gas pipeline companies Companies based in Karachi Energy companies established in 1955 Non-renewable resource companies established in 1955 1955 establishments in Pakistan 1950s initial public offerings Energy companies established in 1989 Non-renewable resource companies established in 1989 Companies listed on the Pakistan Stock Exchange Companies in the KSE 100 Index Pakistani companies established in 1989

History

Subsidiaries

See also

References

External links