Pakistan Plans Gas Sector Deregulation, Sui Companies Unbundling

Pakistan’s government plans to deregulate the gas sector, restructure and unbundle Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) with World Bank technical support. The roadmap aims to separate transmission, distribution, and energy businesses, establish a competitive market, and enhance OGRA's regulatory role. Reforms also include redesigning gas subsidies and moving towards a single market-clearing price to reduce cross-subsidy burdens and attract private investment. These long-term structural reforms could improve economic efficiency and government finances, potentially offering indirect support to the Pakistani Rupee over time, but are unlikely to cause immediate shifts in gold or currency rates.

بحوالہ / Source: www.brecorder.com