Balochistan: PM body to examine causes behind SSGCL’s high UFG losses
ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a high-powered committee to ascertain the causes of unusually high Unaccounted-for-Gas (UFG) losses of Sui Southern Gas Company Limi
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Desk Analysis
How This Affects the Exchange
Sector Effect
Negative · Do not buy
Cautious read for Oil & Gas, Power — price/volume reaction may stay soft near-term.
Sectors & Direction
Desk read
Desk call: Do not buy · Negatively affected
- Oil & GasNegatively affected
- PowerNegatively affected
Companies
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Sectors: Oil & Gas, Power — Negative · Do not buy. PSX tickers: OGDC, PPL, MARI, PSO, SNGP, ATRL. Cautious read for Oil & Gas, Power — price/volume reaction may stay soft near-term.
Full Story
Open on Business RecorderISLAMABAD: Prime Minister Shehbaz Sharif has constituted a high-powered committee to ascertain the causes of unusually high Unaccounted-for-Gas (UFG) losses of Sui Southern Gas Company Limited (SSGCL) in Balochistan and recommend short and long-term measures to enable the company to sustain its operations in the province, well-informed sources told _Business Recorder_.</
Source: Business Recorder — https://www.brecorder.com/news/40436954/balochistan-pm-body-to-examine-causes-behind-ssgcls-high-ufg-losses