PSO receivables stand at Rs 364 billion

MG News | February 11, 2019 at 12:02 PM GMT+05:00

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February 11, 2019 (MLN): Receivables of Pakistan State Oil (PSO) as of now have reached to Rs 364 billion.

According to the sources of Ministry of Petroleum, receivables included Rs 261 billion from the power sector, Rs 17.3 billion from Pakistan International Airlines (PIA), Rs 55 billion from Sui Northern Gas Pipeline Limited (SNGPL) against imports of LNG.

Moreover, government has to pay nearly Rs 30 billion to PSO.

PSO has written letters to all the companies and government to clear outstanding dues.

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