Pakistan State Oil (PSO) relievables have increased by more than 7.67 percent during the last ten months reaching a total of Rs. 308.8 billion up from Rs. 286.6 billion on 30th June, 2017.
Major Receivables
Major Receivables
Rs. In Billion
22nd April, 2018
31st March, 2018
30th June, 2017
January, 2017
Power Sector Receivables
179.7
185.6
176.2
163.4
SNGPL for LNG
22.4
21.6
14.0
5.0
PIA
13.2
13.1
13.3
–
PDC
9.6
9.6
9.6
–
Total
224.9
229.9
213.1
–
LPS
83.9
83.9
73.7
56
Total (Including LPS)
308.8
313.8
286.8
–
Of the total amount, Power Sector Receivables by 22 April, 2018 have reached 179.7 Rs. billion forming a major chunk of the entire amount. However, receivables from Sui Northern Gas Company Limited (SNGPL) for Liquefied Natural Gas (LNG) have during the last ten months jumped up by 60 percent reaching Rs. 22.4 billion.
Furthermore, receivables from Pakistan International Airlines (PIA) have remained unchanged at Rs. 13.2 billion down Rs. 0.1 billion from Rs. 13.3 billion in June, 2017.
However, in other developments Late Payment Surcharge (LPS) payments have ballooned to Rs. 83.9 billion up 13.83 percent increase from Rs. 73.7 billion