Sui Northern Suffers Huge Gas Transmission Losses

Thursday, March 11, 2010 at 5:27 pm under Business News

Sui Northern Company has borne around 25billion cubic feet gas transmission losses during the current fiscal year.
Company sources said that Rs7.30 billion loss has been incurred in gas sale owing to the transmission losses, which resulted into the Rs270million loss to the company.
They added that the company bore millions of rupees loss despite 18percent rise in gas tariff. The said company has asked OGRA to raise the gas tariff by 20.36 paisas per million cubic feet from July 1st.