OGDC receives Rs7.73bn third interest payment under circular debt settlement plan
OGDC has received its third instalment of Rs7.73 billion from Power Holding (Private) Limited under the government’s circular debt settlement plan, marking progress in clearing energy sector liabilities.
Gas Curtailment Causes Rs43 Billion Revenue Loss for OGDC in FY25
OGDC reports a Rs43 billion revenue loss for FY25 due to domestic gas curtailment amid LNG imports. The company anticipates future production growth from Wali and Spinwam fields, ongoing projects, and expects resolution of circular debt issues to strengthen cash flows.
OGDC’s FY25 Profit Declines to Rs170 Billion Amid Revenue Drop and Higher Taxes
Oil and Gas Development Company Limited (OGDC) posted a profit of Rs169.90 billion in FY25, reflecting an 18.70% decline from the previous year, despite announcing its highest-ever dividend payout to shareholders.