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PSO maintains furnace oil supplies 23,000 Mt daily to the power sector

May 31, 2016

Date: May 31, 2016
PSO maintains furnace oil supplies 23,000 Mt daily to the power sector
Karachi: Monday, May 31, 2016: Pakistan State Oil (PSO), the leading Oil Marketing Company (OMC) of the nation, continues to fulfill the energy needs of the country in a responsible manner.

During this summer, PSO is supplying approximately 18,000 MTs of furnace oil per day to its credit customers’ i.e WAPDA/ GENCOs, HUBCO and KAPCO. Furthermore, PSO is supplying an estimated 5,000 MTs of fuel oil on a daily basis to its cash customers i.e. IPPs (Lal Pir, Koh e Noor, Pak Gen, K Electric, Gul Ahmed etc,). The supplies to cash customers/ IPPs may vary as per the orders.

Keeping in view the national interest, PSO is supplying furnace oil uninterruptedly to power sector, making an effort to reduce load shedding hours to ease the public during this hot weather and upcoming Holy month of Ramzan. PSO is trying its best to maintain furnace oil supplies on continuous basis to power sector despite of the fact that it owes PSO’ s Rs. 201 billion.

PSO being the flagship OMC cognizant of its responsibilities towards the nation and striving hard to meet the energy demands of the nation in a timely manner.

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