Monday, May 12, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home SCI-TECH

SSGC LPG Limited (SLL) successfully unfolds conspiracy by LPG black marketers.

News Desk
March 15, 2024
SSGC LPG Limited (SLL) successfully unfolds conspiracy by LPG black marketers.
Share on FacebookShare on Twitter

Karachi : SSGC LPG Limited (SLL) is Sui Southern Gas Company Limited’s wholly-owned subsidiary Company that operates an LPG Import Terminal at Port Qasim Authority (PQA), Karachi. SLL is a State-owned Enterprise (SOE) and operates under the Ministry of Energy (Petroleum Division) (MoE-PD). A fully integrated LPG marketing and distribution company, SLL has over the years emerged as the largest importer of LPG in Pakistan. These imports are being made in a highly transparent manner through international bidding in complete adherence to PPRA Rules whereby tenders are being awarded to the most advantageous bidders. All these imports are being made through opening Letters of Credit which are retired through normal banking channels.

SLL under the directives of the MOE-PD increased its LPG imports to ensure that there are no shortages of LPG during peak demand seasons. At the same time, SLL stands committed towards ensuring not to provide any room to black marketers who take advantage of these shortages to artificially increase prices of LPG and earn extra profits from the consumers.

There are around more than 250 LPG marketing companies operating in Pakistan. SLL does not have any local allocation of indigenously produced LPG and is totally dependent on imports. SLL’s market share is about 8% which cannot be termed as monopolistic by any means whereas the other similar companies are operating with larger market share. It is also to be noted that price of indigenous LPG is always lower than imported LPG whereby the importer has to keep its selling price within the OGRA announced price which is equal for importers as well as those having quotas from local producers. Therefore, there is no room for extra profit taking for companies depending upon imports such as SLL.

SLL’s continued success, earned with the right blend of transparency and integrity, has been hard to digest for many circles. It has been noted with grave concern that some vested interests are out there to defame SSGC and SLL, accusing their employees of financial misconduct in LPG imports while also misquoting few Government investigating agencies, MoE-PD and others. These vested interests are clearly passing on frivolous information for developing of news reports that are contradictory to say the least. The management of both the companies have time and again denied those assertions of ‘financial misconduct’. There are routine enquiries / clarifications from  Investigating Agencies based on certain complaints which is normal for any Public Sector SOE.

It is pertinent to point out that most of the complainants are self-proclaimed stakeholders and they themselves do not have any stakes in the LPG market yet they have invariably been involved in making false allegations against SSGC and SLL. Quite clearly these false allegations are being orchestrated by front-men of those individuals whose objective is to benefit from the situation to create shortages and create a black market of LPG for their personal gains.

Being a SOE, SLL has always cooperated in any inquiry conducted by the investigating agencies and provided full support with documentary evidences. The vested interests out there to slander SLL have even gone to the extent of categorically stating that some of their executives charged with misdemeanor have been suspended. Clearly, this is yet another baseless assertion and was spread to create a negative vibe against SLL to hamper its supply chain and its relationship with the Stakeholders.

To reiterate, SLL will continue to improve on its supply chain management and delivery system to facilitate maximum number of customers.  In compliance with the directives of the MoE-PD, SLL will keep on bringing LPG at reasonable prices and will remain committed to ensure that there will be no shortage of LPG during Ramazan and Eid.

Ever since its creation more than a decade ago, the SLL management and the team have operated with the highest level of integrity, transparency and dedication while remain committed to ensure supply of quality product at the most competitive price. SLL reserves the right to take legal action against those who have time and again tried to defame the Company and MoE-PD directly and have left no stone unturned in hindering the import of LPG, simply for their own personal gains. The Company also requests its Vendors / Customers not to pay any heed to frivolous assertions made by vested interests and trust SLL to deliver safe and quality LPG hassle-free to their doorsteps.

News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

Chairman OGDCL Zafar Masud’s Book ‘Seat 1C’ Launched in Islamabad
Business

Chairman OGDCL Zafar Masud’s Book ‘Seat 1C’ Launched in Islamabad

May 6, 2025
Resolving Petroleum Dealers’ Issues Is a Government Priority – Ali Pervaiz Malik
Business

Resolving Petroleum Dealers’ Issues Is a Government Priority – Ali Pervaiz Malik

May 2, 2025
PSO Demonstrates Operational Resilience Amid Market Challenges in 9MFY25
Business

PSO Demonstrates Operational Resilience Amid Market Challenges in 9MFY25

April 29, 2025
IGATEX PAKISTAN 2025 to Focus on Smart Manufacturing, Automation, and Sustainability
Business

IGATEX PAKISTAN 2025 to Focus on Smart Manufacturing, Automation, and Sustainability

April 18, 2025
BANKING

Who is Australia’s Xavier Bartlett?

April 16, 2025
Pakistan is our identity, our honor, and the guarantor of our progress, Malik Khuda Bakhsh
Business

Economic Team Should Be Sent to the U.S. to Reap Benefits: Malik Khuda Bakhsh

April 8, 2025
FIRE INCIDENT UPDATE
Business

FIRE INCIDENT UPDATE

April 3, 2025
Business

Gas Supply Restored in New Mianwali Colony and Surrounding Areas – Residents Express Gratitude to MD SSGC and Local Representatives

April 3, 2025
K-Electric Sees Strong Industrial Response to Winter Package
Business

K-Electric Sees Strong Industrial Response to Winter Package

March 28, 2025
Pakistan’s First iPhone Trade-In Program Launched by Jazz & Mercantile
Headline

Pakistan’s First iPhone Trade-In Program Launched by Jazz & Mercantile

March 26, 2025
Next Post
Saudia Elevates Travel Experience with Tailored Services and Unmatched Excellence.

Saudia Elevates Travel Experience with Tailored Services and Unmatched Excellence.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Sajal Malik Video Leak Sparks Controversy as Fans and Critics Debate

Zarnab Shastri’s Private Videos Leaked Amid Manahil Malik’s Controversy

Another leak: TikToker Somal Mohsin’s private videos go viral

Another obscene video of Minahil Malik goes viral

Torino Comics Honors Akira Toriyama, Creator of Dragon Ball and Dr. Slump

Must Read

Hamzah On Time
Headline

Hamzah TJ released his latest single On Time.

October 14, 2022
After political & economic crisis,constitutional crisis engulfs country.
Headline

He will prioritise relations with all nations including India: Mian Zahid Hussain.

March 13, 2024
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.