United Energy Pakistan Faces Financial Crisis with $300 Million in Unpaid Receivables, Leading to Layoffs
NATURAL GAS
United Energy Pakistan Limited is facing a financial crisis with approximately $300 million in unpaid receivables and delayed tax refunds, prompting layoffs and threatening the country's energy security. The company has already let go of seventy employees, and its production capabilities are at risk due to ongoing cash flow issues. Industry officials warn that these financial difficulties could deter foreign investment and adversely affect Pakistan's long-term energy stability.

Dec 29, 2025, 11:24 AM