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Sui gas companies in Pakistan are incurring annual losses of Rs60 billion due to gas theft and leakages, prompting the National Assembly's Standing Committee on Petroleum to call for their privatisation. The circular debt in the gas sector has escalated to Rs3.283 trillion, with Rs1.452 trillion attributed to late payment surcharges.

Sui Northern Gas Pipelines Limited reported gas losses of 5.27%, while Sui Southern Gas Company noted losses have been reduced from 17% to 10%. The committee highlighted the need for immediate structural reforms to prevent further financial deterioration. Additionally, the Petroleum Division requested Rs4.72 billion for development projects, and lithium reserves were identified in Gilgit-Baltistan.