ISLAMABAD: Amid a high-stakes tussle, Sui Northern Gas Pipelines Limited (SNGPL) has deferred the allocation of pipeline capacity to a third party for transportation of natural gas, only weeks after approving it.

Informed sources said the decision was taken at a recent board of directors (BoD) meeting of the state-run company through a majority vote. According to a memorandum of the Lahore-based utility, the BoD had on Sept 11 “discussed its earlier decision taken at the 639th meeting held on August 15 regarding allocation of 35mmcfd (million cubic feet per day) pipeline capacity to UGDCL (Universal Gas Distribution Company Ltd). After due deliberation, the BoD with majority resolved that the implementation of the said decision… be and is hereby deferred.”

Earlier, the company had conveyed that, on the recommendations of management and advice of the energy ministry, the BoD had approved the “allocation of additional........

© Dawn Business