Two gas utilities to become five
ISLAMABAD: The government is once again finalising plans to unbundle the country’s two gas utilities into five smaller companies — one transmission company and four provincial distribution firms — on the pattern of the more than 15 ex-Wapda generation, transmission and distribution companies. The proposed gas sector reforms, including the unbundling of Sui Northern Gas Pipelines Ltd (SNGPL) and…
The government is planning to split the country's two gas utilities, Sui Northern Gas Pipelines Ltd (SNGPL) and Sui Southern Gas Company Ltd (SSGCL), into five smaller companies. This move, which includes creating one transmission company and four provincial distribution firms, aims to increase private sector participation and improve financial viability within the gas sector.
The proposed reforms were discussed at a meeting led by Petroleum Minister Ali Pervaiz Malik and World Bank Country Director for Pakistan, Bolormaa Amgaabazar. However, SNGPL and SSGCL, as well as some major business groups, oppose the unbundling due to concerns about financial viability and operational challenges. The plan, which has been previously shelved, is now being fast-tracked for approval by the end of August 2026.
Brief written by urgent.news from Dawn's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
