Ordinary citizens will have to put up with hours long load shedding, if the government fails to pay outstanding dues to Pakistan State Oil (PSO) which have increased to more than Rs180 billion.
Non payment of dues has pushed the company into a tight corner since it has to pay Rs172 billion rupees of national and international companies.
A senior official said that on Monday total receivables and payables of PSO have reached Rs352 billion out of which Rs180 billion are receivables and Rs172 billion are payables.
The PSO receivables include Rs 39 billion from Water and Power Development Authority (WAPDA) Rs79 billion from Hub Power Company (HUBCO), Rs35 billion from Kot addu power company (KAPCO), Rs3,379 million from Pakistan International Airline (PIA), Rs242 million from Oil and Gas Development Company (OGDCL), Rs4 billion from KESC and Rs1,196 million from Pakistan Railway.
