2025
Cover Story
At Sui Northern Gas Pipelines Limited (SNGPL), being Driven by Excellence means continuously striving to enhance efficiency, integrity, and innovation across every facet of our operations. It reflects our unwavering commitment to upholding the highest standards of governance, transparency, and performance in an ever-evolving energy landscape.
The year 2024-25 was marked by resilience and challenges. Despite expanded regulatory framework, higher RLNG import obligations, a reduced rate of return determined by the Regulator, and broader macroeconomic pressures, SNGPL demonstrated strength of purpose, delivering the second-highest profit in its history, advancing operational agility, and complying with its governance framework under the new State-Owned Enterprises (Governance and Operations) Act, 2023.
Our focus on digitization, safety, and efficiency continued to redefine industry benchmarks, reducing UFG to international standards. From precision-based gas measurement through TBS metering and advanced leakage detection to network modernization via GIS mapping and strategic infrastructure augmentation, we have continued to build a stronger, smarter, and more sustainable energy network for the nation.
Being Driven by Excellence also means standing firm amid challenges, pursuing a level playing field, financial stability, and policy reforms that secure the long-term viability of the energy sector. Through steadfast engagement with the Ministry, the Regulator, and policymakers, SNGPL remains at the forefront of advocating equitable solutions to circular debt, surplus RLNG cargos, pricing disparities, and evolving market liberalization.
And in doing so, we are Powering Progress, not only through the pipelines we lay but through the lives we impact. Every milestone achieved reflects our enduring commitment to national development, energy security, and service to millions of consumers across our franchise areas in Pakistan.
As we move forward, our vision remains clear: to blend excellence with innovation, resilience
with responsibility, and progress with purpose, continuing to power Pakistan's journey toward
a secure and sustainable energy future.
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Core Business
Driven by Excellence - Powering Progress
A commitment to deliver natural gas to all doorsteps in our chosen areas through continuous expansion of our network, by optimally employing technological, human, and organizational resources, best practices, and high ethical standards
Company transports Natural Gas from wellhead /
LNG Terminal to the burner tip.
Company conduct this activity through high pressure Transmission Lines and low pressure Distribution Lines.
Sales of Natural Gas
Company purchases Natural gas from Natural
Gas E&P Companies and LNG importers and
sells it to its Customers.
28%
Market Share in
Pakistan Energy Mix
Source : Pakistan Energy Year Book 2023-24
Vision
To be the leading integrated natural gas provider in the region, seeking to improve the quality of life of our customers, and achieving maximum benefit for our stakeholders by providing an uninterrupted and environment friendly energy resource
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Our Existence & Contribution - Fueling Pakistan's Growth for Over 60 Years
SNGPL at a GlanceDriven by Excellence - Powering Progress
32% direct GoP,
26% indirect GoP &
58%
Pipeline Network
162,000+ KMs
Shareholding
42% general public & others
Consumers - 7.3+ Mn
Footprint
(Punjab, Khyber Pakhtunkhwa, ICT AJK and GB)
55+ Regional/Sub Regional
125+ CSCs & CCs
Gas Sales
1025 MMCFD - Indigenous 800-1000 MMCFD - RLNG
Rs. 280+ billion p.a.
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Profit After Tax*
14.592
2024 : 18.977
Performance Snapshot
Driven by Excellence - Powering Progress
2024 : 38.810
Capitalization
47.936
23.01
2024 : 29.92
Earning Per
Share (Rs.)
UFG % Overall
5.27%**
2024 : 4.93%
Bank Loans
182.359
2024 : 169.465
UFG
Volume(MMCF)
30,026
2024 : 31,319
* The decline in profit is mainly due to the reduction in the regulated return on assets, which fell from 26.22% last year to 21.25% this year
Corporate Briefing 2025
REVENUES
Decrease
3%
Current ratio
0.94
Debt-Equity ratio
74.53%
5
**Slight increase in UFG %age is due to reduction in gas input by 65 BCF (i.e. from 635 BCF to 570 BCF), attributed to reduction in gas consumption by Power Sector and Industrial (CPP) Sale due to tariff hike. With same gas input as that of FY2023-24, %age UFG would have been 4.73%
SNGPL Performance
Historic Trend
Driven by Excellence - Powering Progress
Rs. in Million
Profit after Tax
14,592
10,986
10,366
10,564
18,977
2021 2022 2023 2024 2025
Debt : Equity Ratio
Reserves Rs. in Million
57,851
39,243
27,878 33,306
64,304
2021 2022 2023 2024 2025
Current Ratio
Performance Highlight
In Percentage
75
76
75
68
0.97
0.96
0.96
0.94
79
0.98
In Times
2021 2022 2023 2024 2025
2021 2022 2023 2024 2025
Stronger reserves, steady leverage, and sustained profitability mark SNGPL's performance trajectory
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SNGPL Performance
Historic Trend
Driven by Excellence - Powering Progress
Market Value Per Share
Rs / Share
117
49
63
34
39
2021 2022 2023 2024 2025
Dividend Payout Ratio
Break Up Value/
Share Rs / Share
54
63
72
101 111
2021 2022 2023 2024 2025
Interest Cover Ratio
Performance Highlight
24.47
27.02
25.07
13.04
40.41
In Percentage
2.39 2.29
In Times
1.58
1.78
1.80
2021 2022 2023 2024 2025
2021 2022 2023 2024 2025
Sharp rise in market value and robust breakup value signal renewed investor trust and solid financial footing
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Risks that Matter
and How We Respond
Driven by Excellence - Powering Progress
Key Risk | Source | Our Strategic Response | ||
External | Strengthen cyber controls, enhance monitoring, and maintain robust disaster recovery readiness. | |||
External | Engage regulators for sustainable pricing mechanisms and secure timely cost recoveries. | |||
Supply/Demand Gap | External | Optimize RLNG cargo management and negotiate flexible commercial arrangements. | ||
Internal | Enforce companywide UFG control initiatives supported by technology & real-time governance. |
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Infrastructure Development - Mega Projects
Future Outlook
Driven by Excellence - Powering Progress
Injection of 45 MMCFD Gas
| Metering Workshop Capacity Enhancement
| ||||
Augmentation of Network
| Compression System Optimization
| ||||
| Information Security - Upgrade Strengthened cybersecurity framework for critical infrastructure protection. - Cost: Rs.613 million | ||||
SCADA Upgradation & Expansion Real-time monitoring of:
| New Household RLNG Connections - FY 2025-26: 300,000 connections Subsequent years: - 600,000 connections annually |
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Serving the nation
Driven by Excellence - Powering Progress
Business that should be both profitable and beneficial to the society.
Health
Installation of an RO Water Filtration Plant at Government High School, Pattoki.
Donation of a ventilator machine to Indus Hospital, Lahore.
Provision of essential medical equipment to Nishtar Hospital, Multan.
Community Development & Education
Installation of solar systems at Rescue 1122 Office, Karak Civil Hospital, Bahadur
Khel, Karak Government Secondary Special Education Centre, Rahim Yar Khan
Establishment of computer lab with 12 personal computers at Government Polytechnic Institute (TEVTA), Lakki Marwat.
Provision of furniture for Alkhidmat Aghosh Home, Waziristan.
Support for lab facilities at Alkhidmat Aghosh Home, Rawalakot.
Community Relief Initiative
SNGPL supported a national-level relief initiative by distributing approximately 20,000 ration bags to deserving citizens during the holy month of Ramadan.
HSE
Excellence Awards
National Forum for Environment & Health blessed SNGPL with:
17th Annual Corporate Social Responsibility Award 2025
21st Annual Environment Excellence Award 2024
14th Annual Fire Safety Award 2024
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DisclaimerSui Northern Gas Pipelines Ltd ("SNGPL / Company") has prepared this presentation solely for the purposes of information, providing herein an overview of the operations of the Company. The information herein is not intended to provide any guidance on dealing in the shares of the Company.
The Company does not make any statements or guarantees regarding the information. The information presented herein is not intended to solicit any sort of investments whatsoever. You are therefore requested not to rely solely on the information provided in this presentation when making investment decisions if any, but to make such decisions at your own risk and discretion.
Neither SNGPL nor any of its affiliates, officials, advisors, associates, employees or any person working for, under or on behalf, shall have any responsibility and/or liability of any nature whatsoever (in contract or otherwise) for any loss and/or damage whatsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation.
This presentation does not constitute or form part of a prospectus, offering circular or offering memorandum or an offer, solicitation, invitation or recommendation to purchase or subscribe for any securities and no part of it shall form the basis
Driven by Excellence - Powering Progress
to enter into any arrangement, agreement, contract, commitment or investment decision in relation to any securities. No money, securities or other consideration is being solicited, and, if sent in response to this presentation or the information contained herein, the same will not be accepted.
The presentation may contain statements that reflect SNGPL's own beliefs and expectations about the future. These forward-looking statements are based on a number of assumptions about the future, which are beyond SNGPL's control. Such forward-looking statements represent, in each case, only one of many possible scenarios and should not be viewed as the most likely or standard scenario. Such forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. SNGPL does not undertake any obligation to update any forward-looking statements to reflect events that may occur or circumstances that may arise after the date of this presentation and it does not make any representation, warranty (whether express or implied) or prediction that the results anticipated by such forward-looking statements will be achieved. In addition, past performance should not be taken as an indication or guarantee of future
of, or be relied upon in connection with, or act as any inducement
results.
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Driven by E
Q & A Corporate Briefing
xcellence - Powering Progress
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