The Board of Directors of the Oil & Gas Development Company Limited (OGDCL) convened its meetings on August 10, 2023, and August 17, 2023, and wishes to share the following updates:

ogdcl

Circular Debt Settlement: Several news articles have recently addressed the issue of circular debt settlement. We would like to clarify that, as of this date, we have not received any formal communication from the relevant authorities. Thus, any information in circulation about a settlement plan might be speculative. We encourage stakeholders and the public to rely exclusively on official communications…

Read More