PR, PSO reach an agreement on land rent related matter

Lahore

LAHORE:Pakistan Railways (PR) and Pakistan State Oil (PSO) on Monday reached   an agreement over land rent related matter.  Legal teams of PR and PSO drafted an agreement which was signed by  PR Infrastructure AGM Arshad Salam Khattak and PSO Operations GM  Atif Saddiqui.  PR had been leasing out some pieces of its land to PSO since 1982 which  was using for stock oil reserves.  Matters pertaining to fixing the rent of fifteen points had been pending for  the last four years between PR and PSO.  Pakistan Railways Land Director General Muhammad Hafeezullah had termed  the agreement as essential one for restoring atmosphere of trust between  both PR and PSO.

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