SSGC LPG Limited (SLL) has uncovered a nefarious plot orchestrated by LPG black marketers, aiming to exploit shortages and manipulate prices for personal gain. SLL, a subsidiary of Sui Southern Gas Company Limited operating Pakistan’s largest LPG import terminal, has been at the forefront of ensuring transparent and fair LPG imports through international bidding processes. With a commitment to maintaining market stability and preventing price manipulation by black marketers, SLL has increased its LPG imports under the directives of the Ministry of Energy (Petroleum Division) (MoE-PD) to meet peak demand seasons. Despite facing baseless allegations of financial misconduct, SLL has maintained its integrity and transparency in all operations. The company’s market share, constituting about 8%, is far from monopolistic, with numerous other LPG marketing companies operating in Pakistan. Importantly, SLL operates within regulatory frameworks, ensuring prices remain in line with OGRA announcements.
However, vested interests have attempted to tarnish SLL’s reputation by spreading false accusations and misinformation. Self-proclaimed stakeholders, with no genuine stake in the LPG market, have propagated allegations to create shortages and establish a black market for personal benefit.