PSO refutes stopping supplies to IPPs and Railways

News Image

MG News | April 07, 2022 at 03:30 PM GMT+05:00

0:00

April 7, 2022 (MLN): Pakistan State Oil Company (PSO) has refuted the news item circulating in the media that the company has stopped FO and HSD supplies to IPPs and Railways.

In a clarification statement issued today, the company while refuting the news said that it is continuously supplying furnace oil to all its contractual customers as per the supply plan. In addition to contractual customers, PSO is also obliging and supplying furnace oil to non-contractual customers to enable smooth power generation. 

Further, PSO has not suspended HSD Supplies to Pakistan Railways and is ensuring continuous supplies as per contractual agreements.

Despite financial constraints and mounting receivables, as a responsible national company, PSO continues to ensure an uninterrupted supply of fuel to all stakeholders, the company added.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 170,905.50
160.23M
0.61%
1040.97
ALLSHR 103,363.26
380.99M
0.62%
638.14
KSE30 52,020.77
73.46M
0.68%
350.35
KMI30 246,248.47
61.75M
0.83%
2017.65
KMIALLSHR 67,621.35
213.34M
0.71%
479.52
BKTi 45,637.99
18.86M
0.28%
126.74
OGTi 34,374.98
15.51M
1.74%
587.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,770.00 90,250.00
87,745.00
-670.00
-0.74%
BRENT CRUDE 61.43 61.50
61.07
0.31
0.51%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
1.00
1.11%
ROTTERDAM COAL MONTHLY 97.30 0.00
0.00
0.60
0.62%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 57.72 57.80
57.38
0.28
0.49%
SUGAR #11 WORLD 15.10 15.27
14.83
0.25
1.68%

Chart of the Day


Latest News
December 15, 2025 at 10:51 AM GMT+05:00

Pakistan mines praise for fast-moving crypto progress


December 15, 2025 at 10:45 AM GMT+05:00

IMF EFF measures part of ongoing reforms, Govt says


December 15, 2025 at 10:00 AM GMT+05:00

SECP honoured as a “Reforms Champion”


December 15, 2025 at 09:39 AM GMT+05:00

FNEL Board proposes 10-for-1 share split


December 15, 2025 at 09:27 AM GMT+05:00

PIBT bags key rights to handle Reko Diq copper-gold cargo



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg