Refineries halt supply to PSO

Refineries halt supply to PSO
Updated on

Summary Decision takes in the wake of Rs 182 circular debt.

According to PSO’s spokesperson, the PSO has to pay Rs 1 trillion to oil refiners. PSO has written a letter to the government, seeking Rs 60 billion payment to be made to PSO as soon as possible, otherwise the PSO will default at international level and oil supply will not be resumed for 6 months.
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