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Circular debt settlement: No communication from authorities so far: OGDC

ISLAMABAD: A plan to reduce the gas sector circular debt by Rs543 billion through a dividends ploughing back scheme has drawn flak from major gas producer — OGDCL — who says it was not.

Sui northern gas pipelines ltdOil gas development company ltdInternational monetary fundGovt holdings pvt ltdPakistan petroleum ltdSui southern gas company ltdGas development company ltdSui northernSui southern

Plan to reduce gas circular debt shared with IMF - Newspaper

Book adjustments and Rs414 billion injection would bring down debt by Rs543bn.

United kingdomIshaq darMinistry of energyOil gas regulatory authority ograOil gas development company ltdPakistan petroleum ltdGovt holdings pvt ltdWorld bankInternational monetary fundSui northernSui southernGas development company ltdGas regulatory authorityStandby arrangement

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