The government of Prime Minister Nawaz Sharif has decided to nationalise Jamshoro Joint Venture Ltd., a senior official at Ministry of Petroleum and Natural Resources indicated to The News on October 18, 2013. The Ministry of Petroleum and Natural Resources requested the Supreme Court on October 10 that Sui Southern Gas Co., Ltd. (KASE:SSGC) be allowed to take over Jamshoro Joint Venture Limited and operate its LPG processing plant, which is an indication that JJVL will be nationalised. Khawaja Muhammad Asif, Minister for Water and Power, is demanding that JJVL be declared void.

Through the statement, the Ministry admits the benefits derived by SSGC from JJVL and the negative impact that the closing down of JJVL. The Ministry added that “for this purposes a subsidiary company of SSGC, namely SSGC LPG, can take over the operation of the plant as interim arrangement.”