The Sui Southern Gas Company (SSGC) has confirmed that it has been supplying gas to Pakistan Steel Mills (PSM) at a rate of 2 million cubic feet per day (MMCFD), with an average monthly billing of approximately Rs100 million. The supply has been crucial in keeping PSM’s operations running, despite the steel mill’s ongoing financial challenges.
SSGC officials stated that they have continued to provide gas while awaiting timely payments from PSM, which has reportedly defaulted on several occasions in the past. Industry analysts warn that irregular payments and mounting dues could jeopardize the gas supply, potentially affecting production and downstream industries reliant on steel.
Authorities have indicated that discussions are ongoing to ensure both the continuity of gas supply and the settlement of outstanding dues. The situation highlights the need for coordinated efforts to stabilize PSM and secure energy resources for industrial operations.
