PSO's recoveries from SNGPL improve amid gas price hike

MG News | June 24, 2024 at 03:09 PM GMT+05:00

0:00

June 24, 2024 (MLN): Pakistan State Oil Company Limited’s (PSX: PSO) recoveries from Sui Northern Gas Pipelines Limited (SNGPL) have improved following recent gas price increases, the management of the company highlighted during investor briefing session on Monday.

Total PSO receivables stand at Rs810 billion, which includes Rs500bn from sui northern and Rs150bn from electricity generating units.

Meanwhile, the receivables from The Hub Power Company Limited (PSX: HUBC) and Pakistan International Airlines Corp (PSX: PIAA) stand at Rs27bn.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	187,688.16 462.47M	0.35% 654.90
ALLSHR	112,627.69 1,066.28M	0.24% 272.05
KSE30	57,478.24 133.38M	0.39% 224.59
KMI30	266,443.18 171.92M	0.80% 2103.94
KMIALLSHR	72,592.65 594.36M	0.43% 312.04
BKTi	53,552.73 28.61M	-0.31% -167.51
OGTi	39,279.97 12.36M	0.20% 77.32

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,565.00	90,425.00 88,490.00	-665.00 -0.74%
BRENT CRUDE	64.07	65.38 63.56	-1.17 -1.79%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-3.10 -3.45%
ROTTERDAM COAL MONTHLY	98.50	98.55 98.20	-0.25 -0.25%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	59.36	60.82 58.96	-1.26 -2.08%
SUGAR #11 WORLD	14.96	14.98 14.70	0.22 1.49%