Sui Northern Company loses Rs 19 billion claim in international court

Sui Northern Company loses Rs 19 billion claim in international court


Sui Northern Company sues in Rs 19 billion damages case

London (Daily Pakistan Online) The International Arbitration Court in the British capital London has ruled against Sui Northern Gas Pipelines Limited (SNGPL) in a Rs 19 billion damages case.

According to private TV Geo News, the claim for damages against SNGPL was filed by National Parks Management, a company operating 1200 MW gas power plants at Haveli Bahadur Shah and Blocki. In 2018, SNGPL had sent a bill of Rs 10 billion to both the plants. When the matter came up in the Pakistani Supreme Court, the decision was in favor of Sui Northern. National Parks Management has since approached the International Arbitration Court in London, which has ruled against Sui Northern.

A SNGPL spokesperson said the matter would be taken up with the Oil and Gas Regulatory Authority (OGRA).

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