SSGC cuts gas losses by half in Sindh

ISLAMABAD: The Sui Southern Gas Company (SSGC) has slashed its gas losses in Sindh by more than 50 percent, boosting its financial performance, the petroleum division said on Thursday.

The unaccounted-for gas (UFG), characterized by gas loss during the flow from source to end consumers due to various technical factors, is a phenomenon for which gas consumers are charged. The division also refuted recent reports against the company's board and its chairperson, Dr. Shamshad Akhter. Dr. Akhter, alongside other board members, has effectively steered the organization since her initial appointment in 2019. Under her visionary leadership, SSGC has achieved noteworthy milestones in technology upgradation, business operations improvement, human resources, policy formulation, discipline, risk, management, and a substantial reduction in UFG.

The chairperson and board members operate as a cohesive team, making decisions based on collective wisdom and consensus. The board has made significant contributions to areas such as budgetary systems, audit, finances, UFG strategies, etc.

“It is noted with satisfaction that the UFG in Sindh province has been decreased from 15 percent to 7 percent, which is a testament to the effective approach of the management and the SSGC board, especially the chairperson of the board,” the division said in a statement.

Since its formation, the board has been unwavering in its pursuit of HR and institutional reforms, recognizing their pivotal role in transforming SSGC. The institutionalization of high-quality performance assessment and results-based accountability is currently underway to meet stakeholder expectations.

In recognition of Dr. Shamshad Akhter's professional dedication and steadfast efforts, the government has nominated her for another tenure as chairperson of the board of directors, with elections set to be held.