Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Nero and Rocco in Pixar’s Gatto trailer, voiced by Mark Ruffalo and Laurence Fishburne.
    EntertainmentVideos

    Mark Ruffalo’s Gatto Trailer Reveals Nero’s Venice Adventure

    November 13, 2026 2 Min Read
    Jimmy Kimmel President Trump
    EntertainmentVideos

    Jimmy Kimmel Urges Trump to Resign After US Midterms

    November 6, 2026 2 Min Read
    Canadian actor Eugene Levy and Second City Television (SCTV)
    EntertainmentVideos

    Eugene Levy Reveals SCTV Episodes Cost Just $7,000

    November 5, 2026 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Balochistan demands share in PPL dividends
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Balochistan > Balochistan demands share in PPL dividends
BalochistanBusiness

Balochistan demands share in PPL dividends

Web Desk
By Web Desk Published December 27, 2015 5 Min Read
Share
SHARE

The federal and Balochistan governments have not being able to reach an agreement on the province’s demand for a share in lucrative dividends offered by oil and gas explorer Pakistan Petroleum Limited (PPL).

A representative of the Balochistan government came up with the demand in a meeting of a working group held on November 11 to resolve issues pertaining to extension in the lease contract for Sui field, say officials aware of the development.

However, the director general of petroleum concession countered that such a proposal was not covered by rules and the policy.

An official of the Finance Division suggested that the province could buy PPL shares at market price as done by the central government, but it did not win the nod of Balochistan.

PPL operates 26 exploration blocks and has stakes and working interest in 17 other blocks. The energy secretary of Balochistan desired to know details of the acquisition of shares in Sui/Burma Oil Company in the next meeting.

The working group was set up following protest by the Balochistan government over extension in the mining lease contract for Sui field by the federal government.

The centre has granted a one-year extension in the mining lease for Sui, which is in Balochistan and meeting needs of gas consumers for over six decades.

In a meeting on October 7, Petroleum and Natural Resources Minister Shahid Khaqan Abbasi, however, clarified that notwithstanding any provision of the constitution and its interpretation, the federal government wanted to take Balochistan into confidence while arriving at a final decision on extending the Sui mining lease.

He said the extension decision was taken on the last day prior to expiry of the lease and that too was only for one year in the larger national interest as an interim arrangement to avoid disruption in gas supply.

“This interim arrangement will remain in place only until the resolution of outstanding issues,” he remarked.

Abbasi assured Balochistan of maximum cooperation and facilitation in reaching a sustainable solution and finding a way forward according to the Constitution of Pakistan and applicable laws and rules.

Reposing trust in policies of the federal government, then Balochistan chief minister Abdul Malik Baloch stressed that the provincial government would reciprocate in the same manner.

However, he insisted that constitutional rights of the province should be safeguarded and protected. He was of the view that extension in the Sui mining lease should not have been granted without prior consultation with the province.

Instead of taking such steps, the chief minister said he would prefer engaging the provincial cabinet and the assembly to arrive at a final decision in a democratic manner.

“Though I don’t agree with the interim extension in the mining lease, the government of Balochistan does not want to create hurdles or disrupt gas production and desires an amicable and workable way forward,” he remarked.

The chief minister suggested that the issue of mining lease would only be discussed with a representative of the federal government and not with the field operator, PPL.

He proposed that a working group should be constituted comprising representatives of the federal and provincial governments. He also called for holding regular meetings of the committee to come up with a solution. The working group will frame recommendations for consideration of the respective governments.

The chief minister proposed that Balochistan’s representative in the PPL board of directors should be a nominee of the province to ensure that its rights were protected and ensured. “Balochistan only wants what is rightfully its share under the constitution,” he said.

Read : PPL drills deepest well in Pakistan’s history, finds oil in Attock
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Bank Alfalah Pehchan account

Recent Posts

CCTV footage shows an alleged shoplifter at a Co-op store in Scotland.

Scotland Shoplifting Cases Rise 129% as Staff Face Violence

Nero and Rocco in Pixar’s Gatto trailer, voiced by Mark Ruffalo and Laurence Fishburne.

Mark Ruffalo’s Gatto Trailer Reveals Nero’s Venice Adventure

Former UFC bantamweight champion Merab Dvalishvili and Usman Nurmagomedov during a confrontation.

Usman Nurmagomedov Reportedly Jailed After Abu Dhabi Brawl

Post Archives

More Popular from Photonews

Amjad Hussain GB chief minister nominee named by PPP Chairman Bilawal Bhutto Zardari.
Gilgit - Baltistan

Gilgit-Baltistan CM Seeks Mining Investment, Flags Power Gaps

2 Min Read
Sports

Brandon Williams Faces MRI After Warriors’ 138-87 Win

2 Min Read
Prime suspect Raza Dar brought to court by police in Lahore foreign women assault case.
Punjab

Lahore Court Indicts Eight in Foreign Women Assault Case

2 Min Read
Tech

Anthropic Launches Claude Fable 5.2 and Mythos 5.2 Models

Anthropic launched Claude Fable 5.2 and Claude Mythos 5.2 on Monday, offering lower token prices and…

November 10, 2026
Business

FBR Test Finds 15 of 150 Officers Can Issue Sales Tax Orders

KARACHI: A Federal Board of Revenue (FBR) competency assessment found that only 15 of 150 sales…

November 13, 2026
Top NewsWorld

Jensen Huang Apology Prompts Speculation Over Divorce

Nvidia co-founder and chief executive Jensen Huang has publicly admitted infidelity, while media reports examining a…

November 12, 2026
Tech

NASA Opens Astronaut Applications With December 3 Deadline

The National Aeronautics and Space Administration (NASA) has opened astronaut applications for eligible US citizens, with…

November 11, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?