Pakistan’s largest private LPG producer sends first shipment after 5.5 years

Jamshoro Joint Ventures Limited (JJVL), Pakistan’s largest private-sector LPG producer, has resumed operations after more than five and a half years, dispatching its first LPG (liquefied petroleum gas) shipment on Thursday. LSE Capital Limited disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “Please be informed that Jamshoro Joint Ventures Limited (JJVL) - an investee company of LSE Capital Limited (LSECL/Company), has shipped the first load of LPG yesterday after the restart of the plant after 5 years and 6 months,” read the notice. The long-awaited restart marks a major milestone for the company and the country’s LPG supply chain. Incorporated and existing under the laws of Pakistan, JJVL is an unlisted public limited company with its headquarters in Lahore and its gas-processing facilities at Jamshoro, Sindh. Its state-of-the-art 200mmscfd LPG extraction plant was commissioned in March 2005, and its 125mmscfd plant in October 2014.