KARACHI, July 1: Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL) have sold their gas purification plant, situated at Sui, to Pakistan Petroleum Limited (PPL) on Monday.

SSGC managing director Mukhtar Ahmed, PPL managing director S. Munsif Raza and SNGPL managing director Abdul Rasheed Lone signed the agreement on behalf of their respective companies.

The objective of transfer is to bring conformity with the prevalent practices in other gas fields where the producers do the purification of gas. This is also in accordance with the worldwide gas industry practice, where the gas producers do the gas purification/dehydration, and gas is sold to transmission/distribution companies in the form of sweet gas.

The purification capacity of the plant is 850 mcfd. It was a joint venture of SSGC and SNGPL, says a press release of the SSGC. As per sale agreement, all related plant assets have also been transferred to the PPL.