Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Zayn Malik
    Videos

    Zayn Malik Releases Die For Me Music Video Ahead of New Album

    February 6, 2026 3 Min Read
    Masters of the Universe teaser
    Videos

    Masters of the Universe Teaser Reveals Nicholas Galitzine as He-Man

    January 22, 2026 3 Min Read
    Bridgerton Season 4 trailer
    EntertainmentVideos

    Bridgerton Season 4 Trailer Reveals Benedict’s Love Story

    December 26, 2025 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

Recent Posts

Charles Lieber China lab

Charles Lieber China Lab Pursues Brain Interface Tech

Kwonsiwon app

Kwonsiwon App Found Online After K-Drama Buzz

PIA airplane on the tarmac as Pakistan International Airlines

PIA Privatisation Moves Ahead With 25pc Stake Bid

Post Archives

More Popular from Photonews

Green petrol pump nozzle dispensing fuel in an illustration about fuel price changes.
Pakistan

Petrol Price Increase Pakistan Rs26.77 Per Litre

2 Min Read
Raiders Take Mendoza No.1
Sports

2026 NFL Draft Results: Raiders Take Mendoza No.1

4 Min Read
School Summer Vacation
Punjab

Punjab summer vacations decision due after May 15

2 Min Read
Top NewsWorld

Trump Iran Nuclear Claim Draws King Charles Into Row

US President Donald Trump said King Charles agreed Iran must not obtain a nuclear weapon, bringing…

April 29, 2026
Entertainment

Dylan Carter Death: The Voice Singer Dies at 24

Dylan Carter, a singer who appeared on “The Voice” season 24, died at 24 after a…

April 28, 2026
World

Australia Syria ISIS Families Turned Back in Damascus

Damascus, Syria: Australia Syria ISIS families were turned back by Syrian authorities after attempting to leave…

April 30, 2026
Tech

Apple Weather Outage Hits iPhone Users

Apple Weather outage reports spread on Tuesday afternoon, April 28, after Apple said the app “may…

April 29, 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?