Sitara Petroleum denies awareness of GO closure reports

PSX Update • Jul 6, 2026

Sitara Petroleum Service Limited (SPSL) has moved to dispel market chatter around Gas & Oil Pakistan Limited (GO), stating it has not received any official communication indicating GO is shutting down operations, after reports and visuals suggesting

July 06, 2026 (MLN): Sitara Petroleum Service Limited (SPSL) has moved to dispel market chatter around Gas & Oil Pakistan Limited (GO), stating it has not received any official communication indicating GO is shutting down operations, after reports and visuals suggesting a closure began circulating on social media. In a response to Mettis Global, SPSL's CEO Zaheer Baig said the Company is "not aware of any offici...