First BtB deal in Gas sector signed
Islamabad: In a landmark move for Pakistan’s energy sector, the Universal Gas Distribution Company (UGDC) has signed the country’s first private-to-private (BtB) gas deal with Hungary-based MOL Pakistan. Under the agreement, UGDC will purchase gas from MOL and distribute it to private industrial consumers through the SNGPL network, marking the beginning of operations under the […]
UGDC Achieves Major Milestone as It Gets Approval Of 50 MMCFD Gas Supply Capacity
Universal Gas Distribution Company (UGDC) has achieved a landmark milestone with approval of 50 MMCFD of Natural Gas Supply Capacity to industrial consumers through SNGPL’s existing pipeline network. This marks a historic step in Pakistan’s journey towards a more open and competitive energy market, as UGDC becomes the first private Natural Gas Distribution Company to […]
UGDC and Trafigura Sign Strategic LNG Supply Agreement
Karachi – Universal Gas Distribution Company (UGDC) and Trafigura, a leading Singapore-based global commodity trading company, have reaffirmed their cooperation agreement for terminal capacity and the supply of LNG to UGDC. This landmark agreement strengthens UGDC’s position as the first private gas marketing company in Pakistan and reinforces its commitment to ensuring reliable LNG imports […]
Import and Sale of Natural Gas, Federal Government Opens Licensing Sector
Islamabad — The Federal Government has opened the licensing sector for the import and sale of natural gas. According to details, licenses will now be issued under the supervision of the Oil and Gas Regulatory Authority (OGRA), through which companies will be able to import natural gas and supply it to consumers. This step is […]
UGDC and ExxonMobil Forge Historic LNG Supply Agreement
Islamabad, September 19, 2019 — Universal Gas Distribution Company (UGDC) proudly announces the signing of a landmark agreement with ExxonMobil, marking the first-ever private sector import of Liquefied Natural Gas (LNG) in Pakistan. This strategic partnership is poised to revolutionize the country’s energy sector by enhancing fuel affordability, reducing the national import bill, and revitalizing […]