Karachi June 29 2021: Sui Northern Gas Pipe lines Limited (PSX Stock SNGPL) has conveyed to the Agritech Limited Company (AGL) that RLNG supply shall remain suspended from today 29th June 2021 till midnight of 5th July 2021 due to unplanned dry dock activities at EETPL (Terminal-I).
Therefore, Company shall not be able to produce Urea during said period and aims to resume the plant activities as soon as the supply of RLNG is restored by SNGPL on given date and time.
Suspension of gas for the said period is likely to cost more than PKR300 million in revenue to the company
A L S O || R E A D
SSGC Shut Gas To All Non-Export Industries till further notification
The principal business of Agritech Limited is the production and sale of Urea and Granulated Single Super Phosphate fertilizer. During the first ten months of this fiscal year, Agritech Limited has manufactured 209,576 tons and 66,344 tons of Urea and Single Super Phosphate..
Agritech Limited (AGL) Gas Supply Suspended by SNGP
Agritech Limited (listed in psx stock as AGL) Gas Supply suspension for the said period is likely to cost more than PKR300 million in revenue to the company
EETPL (Terminal-I)
Engro Elengy Terminal Pakistan (LNG) is the first LNG import facility in Pakistan, adjacent to the Engro Vopak chemical terminal on the mainland side of the channel into Port Qasim and has been in operation since 2015.
The imported LNG is unloaded at the FSRU, stored and evaporated to natural gas before it is delivered to the transmission network for the Pakistan market. The terminal has a throughput capacity of 6.2 billion cubic meters per year. The shareholders in EETPL are Engro (56 percent) and Royal Vopak (44 percent).
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