UGDC has won the Mari Energies Spinwam Waziristan gas bid and has been awarded a 17.5 MMCFD gas supply contract. Mari Energies officially disclosed the award through its disclosure submitted to the Pakistan Stock Exchange (PSX).
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Day: January 29, 2026

Rs1.55tr unpaid by gas utilities deepens liquidity crisis in upstream gas sector

October 11, 2025 A critical situation is emerging in the gas sector of Pakistan since the government-owned gas companies have not cleared Rs 1.55 trillion to the national oil and gas reserves, thereby worsening the situation of a lack of gas in the country. A substantial amount is overdue, with SSGCL and SNGPL alone contributing […]

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