| GEO Business|
| KESC, PSO ink new oil supply deal|
| Updated at: 1516 PST, Friday, April 23, 2010|
KARACHI: Karachi Electric Supply Corporation (KESC) and Pakistan State Oil (PSO) inked and accord for the supply of furnace oil for next 10 years.
According to KESC sources, CEO KESC Tabish Gohar and MD PSO Irfan Qureshi have signed the agreement in a function held at PSO head office.
Sources revealed that PSO will supply 33,000 Metric Tonnes to KESC on monthly basis whereas monthly credit limit of KESC has also extended. KESC spokesman has confirmed the deal and said details will be provided to media through a press release.