Associated Group (AG) was founded in 1965 in Pakistan by Z. Z. Ahmed and his son, Iqbal Z. Ahmed. Today, AG is one of Pakistan's leading business houses in the energy sector. As of December 2007^[update], AG was Pakistan's largest producer, transporter and marketer of liquefied petroleum gas (LPG).^[1] AG is also in the power generation, design and conservation, aviation, and media sectors.

AG companies include Pakistan Power Resources (PPR), Jamshoro Joint Venture Limited (JJVL), Lub Gas, Mehran LPG, Pakistan GasPort Limited, AG Omnimedia, AG Publications (which publishes Newsweek Pakistan), Associated Estate Developers (AEDL), and Phoenix Aviation. AG has its headquarters in Lahore and offices in Islamabad and Karachi. It has LPG and power generation facilities in Attock, Dera Ghazi Khan, Hyderabad, Larkana, and Sheikhupura. AG's philanthropic efforts are directed through the Zohra and Z. Z. Ahmed Foundation.

As of March 2010^[update], JJVL, at that time Pakistan's single largest producer of LPG,^{[citation needed]} which represents post-9/11 foreign direct investment,^{[clarification needed]} had been recognised by its peers in the global energy world becoming a finalist an unspecified six times,^{[citation needed]} including an unspecified four years in a row,^{[citation needed]} at the Platts Global Energy Awards held annually in New York.

• Associated Group (AG)
• Rental power for Pakistan, Forbes, July 2009
• Barnstormer, Forbes, July 2009