Pakistan Today reported that Sui Southern Gas Company while not upholding its promise has started 8 hour gas load shedding to Pakistan Steel Mills from last Saturday.

Sources informed Profit that PSM was issued a notice by the gas company earlier that the company would disconnect the gas connection of the mills from 22nd of this month if the mills don’t pay the bill amounting to PKR 4.6 billion.

Intriguingly, from Saturday, before ten days of the final disconnection date, the SSGC started 8 hours gas load shedding at the mills daily, which is piling on to the miseries of the loss making PSE that is passing through it’s worst financial crisis.

Since the coke oven battery of the mills is not working, the plants of the mills are being run on natural gas for 16 hours a day, which consumes gas worth PKR 400 million a month and now the total amount of the gas bill due to financial crisis has exacerbated to PKR 4.6 billion.

(Sourced from pakistantoday.com.pk)