Karachi, Pakistan Steel Mills (PSM) has failed to clear its outstanding dues to the Sui Southern Gas Company (SSGC), leaving the energy provider with no option but to suspend gas supply. Officials confirmed that repeated reminders and negotiations to settle the payments were unsuccessful, prompting decisive action.
SSGC had been supplying approximately 2 million cubic feet of gas per day to PSM, with monthly bills averaging around Rs100 million. The accumulation of unpaid dues not only affected SSGC’s financial position but also raised concerns over energy management and industrial stability.
Industry experts warn that halting gas supply could further disrupt PSM’s operations, which have already been under strain due to financial difficulties and declining production. The suspension may also impact sectors dependent on steel, including construction and manufacturing.
Authorities are reportedly engaging with PSM management to resolve the issue and restore gas supply, emphasizing the importance of timely payments for uninterrupted industrial operations.
