Inter State Gas Systems (Pvt) Ltd.
PIPELINES FOR PEACE
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  • China to build two RLNG terminals at Gwadar
    08-Nov-2016

    ISLAMABAD: In a major development, Pakistan has managed to get the two RLNG terminals deal at Gwadar done with China. With the change of the mode from built, own, operate and transfer (Boot) to engineering procurement construction-financing (EPC-F), the country will be exposed to a mammoth saving of one billion dollars in 25 years just in the head of tolling fee.   The RLNG terminals w ...
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  • TAPI gas pipeline consortium plans roadshows in November
    15-Oct-2016

    ISLAMABAD: A long-delayed pipeline project from Turkmenistan to Pakistan and India via Afghanistan is in the final stages of financing, and investor roadshows are due to be held next month, a Pakistani official involved in the project said on Friday.   Originating at the giant Galkynysh gas field in Turkmenistan, the $10 billion TAPI (Turkmenistan, Afghanistan, Pakistan and India) pipe ...
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  • TAPI gas pipeline consortium plans investor roadshows in November
    14-Oct-2016

    A long-delayed pipeline project from Turkmenistan to Pakistan and India via Afghanistan is in the final stages of financing, and investor roadshows are due to be held next month, a Pakistani official said on Friday.   Head of Pakistan's state-owned Inter State Gas Systems (ISGS) Mobin Saulat told Reuters there was “significant progress” with the TAPI project and that in ...
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  • Management consultants for TAPI being shortlisted today
    27-Aug-2016

    Islamabad - The partner countries of Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project are meeting today (Saturday) in United Arab Emirates (UAE), which is also the main office of project, to shortlist the companies for the project management consultants, it was learnt reliably here.   The Interstate Gas System (ISGS) has received offer for the execution of Afghanistan po ...
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  • Pakistani gas company set to emerge as key player on world energy map
    14-Aug-2016

    ISLAMABAD: Inter State Gas Systems (ISGS), a company established by the government to work on gas import projects, is striving to secure energy resources to make Pakistan self-sufficient and it is expected to emerge as a key player on the world’s energy map after regional pipeline projects are executed. Pakistan is eyeing gas imports from countries holding vast deposits and has en ...
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Company Profile

Corporate Structure

ISGS is a private limited Company, initially owned by Pakistan’s two major gas utility companies; SSGC 51% while SNGPL 49%. Over the years the Company intensified its operations and considerable headway was achieved in its on-going transnational pipeline projects. In order to meet the growing capital requirements of the Company to implement the projects on import of gas through pipelines and Under Ground Storage (UGS), the Shareholders on the recommendations of the Board increased the Authorized Share Capital of the Company from Rs. 10 million to Rs. 20 billion. The Company took up the process of increasing its Paid-up Capital to cater its capital requirements.
In view of its current shareholding, ISGS, under the Company Ordinance 1984, is a subsidiary of Government Holdings (Private) Limited. Under its Memorandum and Articles of Associations, the Company has nine (9) members on its Board of Directors, representing the shareholding Companies in accordance with the voting securities held by each.
 

Share Capital

The initial authorised share capital of the Company was Rs. 10,000,000 (rupees ten million) divided into 1,000,000 shares of Rs. 10.00 each, while its paid-up capital was Rs. 1,000.00 only. Currently, the authorised share capital of the Company is Rs. 20 billion and with the equity injection by GHPL, the paid up capital stands increased to Rs. 932,000,000 subscribed by the existing share holders.
 
 
 
Registered Office:
8th Floor, Petroleum House
Ataturk Avenue, G-5/2, Islamabad
Tel. 051-9217667-69, Fax: 051-9217671
Website: www.isgs.pk
Email: mail@isgs.pk
 
Mr. Mobin Saulat,
Managing Director/Chief Executive Officer