SNGP clarifies IFRS exemption proposal still under review

PSX Update • Jul 10, 2026

Sui Northern Gas Pipelines Limited (PSX:SNGP) has clarified that no final decision has yet been taken on a proposal seeking exemption for specified energy sector State-Owned Enterprises from the applicability of International Financial Reporting Stan

July 10, 2026 (MLN): Sui Northern Gas Pipelines Limited (PSX:SNGP) has clarified that no final decision has yet been taken on a proposal seeking exemption for specified energy sector State-Owned Enterprises from the applicability of International Financial Reporting Standards (IFRS-14 and IFRS-9), and that the matter remains under consideration by the Federal Government. The clarification, issued to the Pakistan Sto...