ISLAMABAD: Pakistan State Oil (PSO) on Thursday asked the Petroleum Division for a payment of $220 million to Kuwait Petroleum Corporation (KPC) to ensure a smooth supply of high-speed diesel (HSD) and jet fuel.
Document available with Business Recorder revealed that the extended credit facility of 60 days to the government under HSD import from KPC expired on December 31, 2022. In this respect, absence of renewal of the extended credit…