PSO Signs Agreement to Supply Diesel to OGDCL

Oil & Gas Development Company Limited (OGDCL) has inked an agreement with Pakistan State Oil (PSO) for supply of 25 to 30 million liters of High Speed Diesel (HSD), annually, to meet its operational requirements at Fields, Plants and Drilling Rigs.

Speaking on the occasion, MD and CEO of OGDCL,  Zahid Mir said that OGDCL is looking for sustainable and viable agreements with National & International partners.

This agreement will help OGDCL in uninterrupted operations at Field locations across the country and will effectively contribute to enhance the indigenous hydrocarbon production to reduce the import bill on account of crude oil.

MD of PSO, Sheikh Imran-ul-Haque, said that joining hands is bringing in synergies in their shared national agenda with MoE will help accelerate the economic well-being of Pakistan.

PSO has a longstanding history of ensuring corporations, such as Pakistan Railways, PIA, SECMC, Port Qasim and now OGDCL, with an uninterrupted supply of quality petroleum products.

Imran further added that signing this agreement is indeed testament of their unwavering commitment to serve the valued customers. It will help keep the wheels of industry moving every day, and it will help in situations when national fuel demands aren’t met.