Global Trade Alert
Global Trade Alert

Pakistan: Support announced for Pakistan State Oil company

Announcement

03 Jan 2023

The Economic Coordination Committee of Pakistan has approved state support in favour of Pakistan State Oil.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Jan 2023

Revocation date:

No revocation date

Updated: 03 Jan 2023
Loan guarantee In force

On 3 January 2023, the Economic Coordination Committee of Pakistan approved a loan guarantee of PKR 50 billion (approx. USD 220.64 million) against bank financing taken by the Pakistan State Oil Co...

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Updated: 03 Jan 2023
State aid, unspecified In force
On 3 January 2023, the Economic Coordination Committee of Pakistan approved state support of PKR 10 billion (approx. USD 44.13 million) in favour of the petroleum division of the Pakistan State Oil Co...
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