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PSO faces acute liquidity crisis as Rs853bn receivables remain unpaid

ISLAMABAD: Pakistan State Oil is facing a massive liquidity crunch as its receivables have jacked up to a whopping Rs853 billion mainly because of default of Rs572 billion by Sui-Northern in the.

PSO wins govt approval to import HSD on behalf of all OMCs

KARACHI: Pakistan State Oil , the country s largest oil marketing company, has received approval from the government to exclusively import high-speed diesel to meet the domestic demand, an official.

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