SSGC-AE & Green Waste Energy ink RNG MoU
In a strategic move, Green Waste Energy will supply biogas/biomethane to SSGC-AE.
The MoU was signed by Imran Maniar, chairman, SSGC-AE and Shoaib Feroz, CEO of Green Waste Energy in a ceremony held at SSGC Head Office on 6 October.
The ceremony was witnessed by Acting DMD (Operations and UFG) SSGC, Saeed Rizvi and his team members. Director Zia Naqi represented Green Waste Energy. Khwaja Huzaifa, Consultant at Bridge Factor was also present.
SSGC-AE said it is actively urging prospective investors and project developers in the market to engage in the production of biogas and biomethane.
The MoU envisions that Green Waste Energy will produce biogas/biomethane by tapping into waste materials and produce renewable natural gas through biogas plants.
This environmentally friendly gas will subsequently be made available for purchase by SSGC-AE, who will then oversee its local distribution to third-party entities.
This partnership will be a major step forward towards augmenting gas supplies to a large extent, especially in the context of fast depleting gas reserves, said the companies.
This will be the first time a gas utility company, through its subsidiary concern, is making efforts to integrate renewable natural gas into its network through renewable natural gas, they added.