Fuel Supply Agreement After suffering losses of Rs9 billion in 17 days, Pakistan International Airlines (PIA) and Pakistan State Oil (PSO) have reached an agreement to address the fuel supply …
Pakistan State Oil (PSO
-
-
Mounting Dues KARACHI: Pakistan State Oil (PSO) is grappling with an escalating financial challenge as its mounting dues have surpassed a substantial Rs. 700 billion, according to sources. Recent reports …
-
Latest Updates
PIA Optimistic for full Resumption of Flight Operations
by Hamza Irshadby Hamza IrshadFlight Operations On Sunday, the Pakistan International Airlines (PIA) spokesperson expressed optimism that continuous communication with authorities would lead to the full restoration of flight operations by the evening. The …
-
Economy
Pakistan Refinery and Air Link are keen to buy Shell Pakistan
by Hamza Irshadby Hamza IrshadShell Pakistan ISLAMABAD: Pakistan Refinery Ltd and Air Link Communication are keen to acquire a majority stake in Shell Pakistan. “We, Next Capital Limited, hereby submit a Public Announcement of …
-
PSO’s fresh bid is roughly Rs2.2bn above the PLL’s even though PSO want to claim Rs2.1bn saving over its cancelled cargo of $20 per mmBtu.
-
EconomyLatest Updates
Royal Friends in High Places with Money: Pakistan gets $4.5bn facility for oil, LNG imports from IDB Group
by Hamza Irshadby Hamza IrshadThe facility is expected to provide relief in oil and gas import bill and ease pressure on foreign exchange reserves.
-
Import will help bridge the fuel gap of the economy
-
EconomyInternational
Pakistan & ITFC Signs $ 1.1 Bln Trade Financing Facility Deal
by Hamza Irshadby Hamza IrshadISLAMABAD: With sub-optimal utilisation of earlier $4.5 billion worth of three-year financing framework, Pakistan and the International Islamic Trade Finance Corporation (ITFC) on Wednesday signed a $1.1bn trade financing facility …