Karachi: The Board of Directors of Sui Southern Gas Company Limited (SSGC), in a meeting conducted on July 17, 2025, at the company’s head office, has sanctioned an initial agreement with Jamshoro Joint Venture Limited (JJVL) concerning the extraction of LPG and NGL. This development marks a significant step forward for both entities involved.

The agreement between SSGC and JJVL has received the endorsement and approval of the Special Investment Facilitation Council (SIFC). This approval came after careful consideration of the terms and conditions mutually agreed upon by the parties. The formal execution of the agreement will pave the way for the resumption of gas supply to the JJVL plant, signaling a new chapter in the collaboration between these organizations.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure of this material information is set to impact stakeholders and TRE Certificate holders. The agreement aims to facilitate the extraction process of LPG and NGL, potentially influencing market dynamics within the designated market category.

The SSGC Board's decision underscores a strategic approach to enhancing resource management and operational efficiency in the gas sector. The forthcoming signing of the agreement will solidify the partnership, ensuring a streamlined supply chain process for JJVL, thereby optimizing production capabilities.