Pakistan State Oil owes Rs. 71 billion to Kuwait Petroleum

MG News | October 11, 2017 at 10:17 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

In a new revelation, it has been notified that Pakistan State Oil has to pay Rs. 71 billion to Kuwait petroleum ‎against oil imports.

In addition to the amount owed to Kuwaiti Petroleum, PSO has to pay Rs. 16 billion to Oil Refineries with in Pakistan.

Pakistan State Oil supplies the imported oil on to the Electricity Generation and Power companies. These Electricity generation and other companies‎ owe nearly Rs. 296 billion to PSO.

Major debtors of this domestic debt for Pakistan State Oil include; HUBCO and Kot Adu, both owe Rs. 110 billion to PSO.

Electricity generation companies or GENCOs owe Rs. 151 billion to the State Owned OMC, Pakistan State Oil.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	178,020.41 167.35M	1.19% 2092.67
ALLSHR	107,648.51 410.63M	1.15% 1228.72
KSE30	53,274.12 51.58M	1.25% 658.31
KMI30	251,017.57 56.69M	1.29% 3201.22
KMIALLSHR	68,957.29 227.27M	1.06% 724.60
BKTi	50,690.33 18.07M	1.21% 605.12
OGTi	35,015.43 3.22M	0.79% 272.80

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,060.00	66,100.00 65,165.00	875.00 1.34%
BRENT CRUDE	88.42	88.99 88.11	-0.80 -0.90%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.25 -1.17%
ROTTERDAM COAL MONTHLY	119.80	0.00 0.00	-0.10 -0.08%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	82.07	82.74 81.82	-0.41 -0.50%
SUGAR #11 WORLD	14.81	14.94 14.73	-0.02 -0.13%