SSGC contests KE's claims over gas supply agreement.

KARACHI -- Reacting to comments made by K-Electric CEO Moonis Alvi during a press conference on Wednesday, a spokesman for the Sui Southern Gas Company (SSGC) has questioned the assertions of the power utility.

It was stated that 'SSGC reiterates, as it has many times in the past that it has always shown utmost seriousness in ironing out contentious issues with KE including the signing of a valid GSA [gas supply agreement] with the power company, even though over dues KE owes to the gas utility has now crossed Rs122 billion, and not Rs13.7 billion as CEO KE asserts.'

SSGC has always maintained that the issue of growing 'over dues' needs to be sorted out before the company inks a fresh GSA with KE. SSGC maintains that contrary to CEO KE's assertion, the main reason behind lack of progress in signing GSA has always been due to KE's reluctance to abide by 2018 decision of then Cabinet Committee on Energy (CCOE) wherein the CCOE directed for the finalization and signing of terms of reference (TORs) for the settlement of dues between SSGC, KE and Karachi Water and Sewerage Board that has been pending for...