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SNGPL Suspend Gas Supply to Agritech On ECC Decision

admin-augaf by admin-augaf
January 4, 2023
in Business, Finance
Reading Time: 1 min read
0
Agritech Limited reports profit during the last quarter: PSX

Agritech Limited reports profit during the last quarter: PSX

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Lahore January 4 2023: Sui Northern Gas Pipelines Limited (SNGPL) has informed the Agritech Limited (LNG) dated January 3, 2023 that RLNG supply at the Company's Urea Plant will be suspended from 0000 hrs of January 4, 2023 and will continue until further instructions.

SNGPL has stated that the suspension of RLNG supplies is in accordance with the Cabinet's ECC decision made on January 3, 2023. As a result, the Company will be unable to produce Urea during this time period and plans to resume plant operations as soon as RLNG supply is restored by SNGPL.

Agritech Limited was incorporated in Pakistan on 15 December 1959 as an unlisted Public Limited Company under the repealed Companies Act, 1913 (now the Companies Act, 2017). The principal business of the Company is the production and sale of Urea and Granulated Single Super Phosphate fertilizer.



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