July 26, 2007	Thursday	Rajab 10, 1428

KARACHI, July 25: Sui Southern Gas Company (SSGC) will make a capital expenditure of Rs9billion during the current fiscal year for expansion of its transmission and distribution network.

This was stated by Managing Director SSGC Munawar Baseer Ahmed while talking to a delegation of Oil and Gas Regulatory Authority (OGRA) led by its Chairman Munir Ahmad.

This will be four and a half times the previous 5-year average capital expenditure of Rs5.8 billion before SSGC started its 5-year Rs46 billion strategic development plan, he added.

He asserted that the company achieved several milestones due to better management and enabling of business processes through information and other technology.

The chairman OGRA while showing keen interest in SSGC's initiatives praised the company for its business process re-engineering and its reliance on state-of-the-art technology to serve its customers better. —APP