Power sector arrears: Upstream supplies at risk as recoveries surge to Rs169.27bn: SNGPL
Sui Northern Gas Pipelines Limited (SNGPL) has reported outstanding dues of Rs169.27 billion against the power sector, warning that mounting arrears have triggered a severe financial crisis and impaired its ability to meet commitments towards upstream gas suppliers. In a letter , addressed to the Chief Executive Officer of Central Power Purchasing Agency-Guarantee (CPPA-G), SNGPL has sought urgent resolution of the outstanding payments, warning that continued financial constraints could lead to an international default by Pakistan State Oil (PSO) and Pakistan LNG Limited (PLL) against RLNG supplies.