Saturday, March 13, 2010
KESC to get oil at gas price till Mar 15
KARACHI: The Pakistan State Oil will provide furnace oil to Karachi Electric Supply Corporation (KESC) at the cost of gas till March 15, according to industry sources.
Sources quoted the decision taken at the government level saying that PSO will provide Furnace oil to the KESC at gas prices till March 15 while the finance ministry will pay the difference.
As a result of this understanding, the PSO is providing 100, 000 ton furnace oil at the price of Rs13, 000 only, sources says.
Sources further said that no payment was made yet in this connection.
Sources quoted the decision taken at the government level saying that PSO will provide Furnace oil to the KESC at gas prices till March 15 while the finance ministry will pay the difference.
As a result of this understanding, the PSO is providing 100, 000 ton furnace oil at the price of Rs13, 000 only, sources says.
Sources further said that no payment was made yet in this connection.
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