External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Gas utilities / Thematic (Sector/Industry)

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<li>Economic Coordination Committee (ECC) of the cabinet has allowed gas companies to recover Rs18bn worth of UFG losses on retrospective implementation of increased UFG benchmark of 7.6%.</li>
<li>To recall, OGRA had approved a revised UFG benchmark study that allowed gas companies to increase benchmark from 4.5% to 7.6% on prospective basis that was to be applicable from FY18 (SNGP already incorporated this new benchmark in 9MFY18 accounts). In this latest development, ECC has also allowed gas companies to…</li>
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Economic Coordination Committee (ECC) of the cabinet has allowed gas companies to recover Rs18bn worth of UFG losses on retrospective implementation of increased UFG benchmark of 7.6%.
To recall, OGRA had approved a revised UFG benchmark study that allowed gas companies to increase benchmark from 4.5% to 7.6% on prospective basis that was to be applicable from FY18 (SNGP already incorporated this new benchmark in 9MFY18 accounts). In this latest development, ECC has also allowed gas companies to…


Flash Note: Pakistan Gas Marketing: ECC Allows Recovery of Rs18bn UFG Losses for Gas Companies