Tag: PPL

**Government May Restore Targeted Fuel Subsidy if Middle East Crisis Deepens**

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Petrol-price

  **ISLAMABAD:** The federal government has indicated that it may reintroduce a targeted fuel subsidy programme within the next few days, with financial support from provincial governments, if renewed tensions in the Middle East continue to push international oil prices higher. Speaking to journalists after a meeting of the Senate Standing Committee on Petroleum on Thursday, Petroleum Minister **Ali Pervaiz Malik** said the government was prepared to revive the targeted subsidy mechanism previously used to shield vulnerable consumers from sharp fuel price increases. “If the current situation does not improve…

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PPL announces Strategic Offshore Partnership with Turkish Petroleum Overseas Company

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Turkish Petroleum

KARACHI, October 14, 2025: Pakistan Petroleum Limited (PPL) is pleased to announce a major milestone in the farm-out process of the Eastern Offshore Indus Block-C, marking the beginning of a strategic collaboration with Turkish Petroleum Overseas Company (TPOC), a wholly owned subsidiary of Türkiye Petrolleri Anonim Ortaklığı (TPAO), the national oil company of Turkiye.This partnership is the result of high-level engagements between the governments of Pakistan and Turkiye, aimed at deepening bilateral cooperation in the energy sector and promoting Foreign Direct Investment (FDI) in Pakistan’s offshore exploration activities.As part of…

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PPL Seeks PDS Advice on Gas Allocation for CCGT Power Plant

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PPL-Plant

Pakistan Petroleum Limited (PPL) has sought advice from the Petroleum Division (PDS) regarding the allocation of gas for its Combined Cycle Gas Turbine (CCGT) power plant project. The PPL is planning to set up a 1,200-megawatt (MW) CCGT power plant, which will require a significant amount of gas to operate. However, the company is seeking clarification on the gas allocation process and the availability of gas for the project. The PDS has been requested to provide guidance on the gas allocation framework, including the priority of gas allocation, the gas…

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PPL’s Sui Field Operations Under Threat Again Amid Union Protest

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New-PPL

ISLAMABAD: The operations of Pakistan Petroleum Limited (PPL) at the Sui gas field are once again under threat as the employees’ union has disrupted activities, demanding recruitment under the abolished son quota scheme. Despite a Supreme Court ruling that declared the practice unconstitutional, the union is pressuring the management to comply with their demands. According to sources, local PPL management staff have been detained and held hostage in their offices by the CBA union and non-management technical employees. Additionally, they have blocked field staff from boarding chartered flights, further escalating…

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PPL and GoB Sign Landmark Memorandum of Agreement for Sui Development and Production Lease

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ppl

Sui, Dera Bugti – February 14, 2025: Pakistan Petroleum Limited (PPL) and the Government of Balochistan (GoB) have reached a significant milestone by signing a Memorandum of Agreement (MoA)—a crucial step towards the execution of the Petroleum Concession Agreement (PCA) for the Sui Development and Production Lease (D&PL). The signing ceremony, held at Sui, District Dera Bugti, was graced by Chief Minister of Balochistan, Mir Sarfraz Bugti as the Chief Guest, alongside the Federal Minister for Planning, Development & Special Initiatives Mr. Ahsan Iqbal, Senator Shahzaib Durrani, Senator Danesh Kumar,…

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