Karachi May 6 2022: Sui Northern Gas Pipeplines Limited ("SNGPL") dated April 30, 2022 has conveyed to the Agritech Limited (AGL) that RLNG supply shall remain suspended from 0000 hrs of May 01, 2022 till further instructions, according to company filling to the exchange.
SNGPL has further intimated that the said discontinuation of RLNG supply is mainly because of scheduled outage at EETPL (Terminal-1) and diversion of gas supplies to power sector to overcome the power shortage in country. Therefore, company is unable to produce Urea at present and aims to resume the plant activities as soon as the supply of RLNG 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Agritech Limited was incorporated in Pakistan on 15 December 1959 as an unlisted Public Limited Company under the repealed Companies Act, 1913 (now the Companies Act, 2017).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.