{"id":3144,"date":"2023-10-28T11:47:22","date_gmt":"2023-10-28T11:47:22","guid":{"rendered":"https:\/\/voiceofmelange.global\/?p=3144"},"modified":"2023-10-28T11:47:22","modified_gmt":"2023-10-28T11:47:22","slug":"pias-fuel-crisis-mitigated-as-pso-extends-additional-rs5-billion-credit-limit","status":"publish","type":"post","link":"https:\/\/voiceofmelange.global\/?p=3144","title":{"rendered":"PIA\u2019s Fuel Crisis Mitigated as PSO Extends Additional Rs5 Billion Credit Limit"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2023\/10\/download-1-3.jpg\" alt=\"\" class=\"wp-image-2740\"\/><\/figure>\n<\/div>\n\n\n<p>Pakistan International Airlines (PIA) and Pakistan State Oil (PSO) have forged a vital agreement to address the ongoing fuel shortage predicament faced by the national carrier.<\/p>\n\n\n\n<p>This accord is set to provide much-needed relief to the state aviation sector in Pakistan. PIA officials anticipate a gradual increase in the supply of aviation fuel in the days to come, consequently reinstating normal flight schedules that had been disrupted due to the fuel shortage. The key role played by PSO\u2019s top management in facilitating this agreement was highlighted.<\/p>\n\n\n\n<p>In a show of support, the state oil firm has extended PIA\u2019s credit limit by an additional Rs5 billion, marking a significant step in bolstering PIA\u2019s operations. As per reports, PSO has committed to a daily fuel supply worth Rs10 billion to ensure the continuous operation of flights.<\/p>\n\n\n\n<p>Previously, the Economic Coordination Committee (ECC) of the Cabinet had approved an Rs8 billion bailout package for PIA. While PIA had already utilized a Rs15 billion credit line, this latest agreement underscores a renewed commitment to the restoration of PIA\u2019s operational capabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan International Airlines (PIA) and Pakistan State Oil (PSO) have forged a vital agreement to address the ongoing fuel shortage predicament faced by the national carrier. This accord is set&hellip; <\/p>\n","protected":false},"author":1,"featured_media":3145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=\/wp\/v2\/posts\/3144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3144"}],"version-history":[{"count":1,"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=\/wp\/v2\/posts\/3144\/revisions"}],"predecessor-version":[{"id":3146,"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=\/wp\/v2\/posts\/3144\/revisions\/3146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=\/wp\/v2\/media\/3145"}],"wp:attachment":[{"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/voiceofmelange.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}