Sui Southern Gas Company

Sui Southern Gas Company Limited


Company type	Public
Traded as	PSX: SSGC
Industry	Oil & Gas
Founded	1954, 1989
Headquarters	Karachi, Pakistan
Key people	Imran Maniar (Managing Director)
Products	Natural Gas Transmission & Distribution
Revenue	Rs. 296.12 billion (US$1.0 billion)^[1] (2021)
Operating income	Rs. 5.75 billion (US$20 million)^[1] (2021)
Net income	Rs. 1.95 billion (US$6.8 million)^[1] (2021)
Total assets	Rs. 492.41 billion (US$1.7 billion)^[1] (2021)
Website	www.ssgc.com.pk

The Sui Southern Gas Company (SSGC), (سوئی سدرن گیس کمپنی) formerly known as Sui Gas Transmission Company Limited, is a Pakistani state-owned natural gas supply company based in Karachi, Pakistan.

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History

Sui Southern Gas Company was founded in 1954 and a year later, it was listed on the Karachi Stock Exchange following an initial public offering.^[2]

The company in its present shape was formed on March 30, 1989, following a series of mergers of three pioneering companies, namely Sui Gas Transmission Company Limited, Karachi Gas Company Limited and Indus Gas Company Limited.^[3]^[4]

Sui Southern Gas Company is Pakistan's leading integrated gas company. The company is engaged in the business of transmission and distribution of natural gas in southern part of Pakistan- mainly in Sindh and Baluchistan. Sui Southern Gas Company transmission system extends from Sui, Balochistan to Karachi, Sindh.^[3]

The company also owns and operates the only gas meter manufacturing plant in the country, under an agreement with Schlumberger Industries, France. The Company is listed on the Pakistan Stock Exchange. On 11 January 2016, all 3 local city stock exchanges merged to form Pakistan Stock Exchange.^[5]