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Southern Gas Company Limited (SSGCL)

NAB summons again ex-finance minister Miftah in illicit contract investigation

KARACHI: The National Accountability Bureau (NAB) on Wednesday once again called for former finance minister Miftah Ismail on July 5 in illegal contract case. The NAB has asked the former finance minister to appear before the accountability bureau on July 5th (Thursday), previously he had also been summoned by NAB on June 20th . The NAB in a statement had alleged that Ismail approved awarding of illegal contracts to Jamshoro Joint Venture Limited (JJVL) during his tenure as chairman of Sui Southern Gas Company Ltd.…

OGRA elevated gas prices by 300 percent

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has proposed to hike gas prices for domestic consumers by 300 percent while only 30 percent increase has been made for commercial, industrial, power and other sectors. According to sources, the proposal forwarded by OGRA to the interim government supports, increase of Rs204 per MMBTU for the domestic consumers. The per MMBtu price will increase from existing Rs110 to Rs314.67 for the domestic consumers using less than 100 cubic meters of gas, and from Rs220 to…