{
  "id": 6203829,
  "title": "SNGPL facing serious liquidity crunch",
  "url": "https://urgent.news/2026/09/08/sngpl-facing-serious-liquidity-crunch",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-08T01:01:43.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40438402/sngpl-facing-serious-liquidity-crunch"
  },
  "original_language": "en",
  "account": "Islamabad - The Sui Northern Gas Pipelines Limited (SNGPL) is currently grappling with a significant liquidity crisis due to outstanding payments of approximately Rs 174 billion owed by the power sector, largely attributed to delayed fund releases by the Central Power Purchasing Agency-Guaranteed (CPPA-G), according to Business Recorder. The total receivables from the power sector amount to Rs 173.654 billion, with Rs 35.240 billion unpaid to Guddu Power, Rs 21.303 billion to Nandipur Power, Rs 1.482 billion to TPS Muzaffargarh, Rs 2.330 billion to GTPS Faisalabad, Rs 214 million to GTPS Shahdara, Rs 86 million to SPS Faisalabad, Rs 57 million to NGPS Multan, Rs 116 million to rented power plant Bhikki, and Rs 161 million to rented power plant Sharaqpur. Government power plant dues total Rs 60.989 billion, including Rs 21.497 billion in undisputed gas charges, Rs 4.465 billion in RLNG tariff actualisation charges, Rs 542 million in disputed gas charges, and Rs 34.173 billion in late payment surcharges. SNGPL has appealed to the Director General (Gas) of the Petroleum Division to collaborate with the Power Division to expedite fund releases to WAPDA, IPPs, and government power plants, thereby restoring its liquidity position and enabling the timely discharge of financial obligations to gas suppliers. Failure to address this issue promptly could lead to severe repercussions for SNGPL's financial stability.",
  "summary": "ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) is reportedly facing a serious liquidity crunch due to outstanding dues of around Rs 174 billion against the power sector, mainly owing to delayed release of funds by the Central Power Purchasing Agency-Guaranteed (CPPA-G), official sources told Business Recorder . According to the SNGPL, its total receivables from the power sector stand…",
  "key_points": [
    "SNGPL faces liquidity crisis due to Rs 174 billion unpaid by power sector.",
    "Rs 35.240 billion owed to Guddu Power, Rs 21.303 billion to Nandipur Power.",
    "SNGPL appeals for faster fund releases to restore financial stability."
  ],
  "editors_take": "The liquidity crunch faced by SNGPL due to outstanding payments from the power sector threatens its financial stability unless fund releases from the Central Power Purchasing Agency-Guaranteed are expedited.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}