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Karachi: The 57th Annual General Meeting (AGM) of SSGC, held on October 28, 2011 in Karachi, approved the Financial Statements alongwith the Auditors’ Report for the financial year ending June 30, 2011. The AGM was chaired by Salim Abbas Jilani, Chairman SSGC, with the participation of Managing Director, Azim Iqbal …
Read More »Zamzama Gas Field shutdown: CNG Stations to observe 2-day closure
Karachi: In a meeting held today between the representatives of various CNG associations and SSGC management, it was decided to close down all CNG stations in Karachi and interior Sindh for two days due to the current shutdown of Phase 1 of Zamzama Gas Field. Azim Iqbal Siddiqui, MD, SSGC …
Read More »Sui Southern Gas Company declares 25% cash dividend, 5% bonus
Karachi: Sui Southern Gas Company (SSGC) has earned a net profit of Rs. 4,724 million for financial year 2010-11 as compared to Rs. 4,399 million during the last corresponding period. In addition, the Company’s earnings-per-share for the period under review increased to Rs. 5.63 from Rs. 5.24 in FY 2009-10. …
Read More »Karachi Electric Supply Company promises reduction in loadshedding
Karachi: The Karachi Electric Supply Company announced on Friday that it would reduce the duration of load shedding in the city after the Pakistan State Oil and the Sui Southern Gas Company assured it of the required fuel supply. The KESC also announced that there would be no load shedding during Iftar and Sehar. It was decided to carry out load shedding for four and a half hours in a day in those areas where power pilferage was on the [...]