Government releases over Rs2b for petroleum ministry under PSDP

By MG News | June 20, 2017 at 10:47 AM GMT+05:00

0:00

The government has released over two point eight billion rupees for the Ministry of Petroleum and Natural Resources under Public Sector Development Programme (PSDP).

According to official data, over Rs 415 million have been released for acquisition of four drilling rigs with accessories for the Geological Survey of Pakistan.

Over Rs 131 million have been provided for appraisal of newly discovered coal resources of Badin Coal Field in Sindh, and Rs 20 million for to exploring and evaluating metallic minerals in Bela and Uthal areas, district Lasbella of Balochistan.

The government also provided over Rs 11 million for exploration of tertiary coal in the Central Salt Range, Punjab, besides releasing over Rs 2,059 million funds for supply of gas to various villages and localities.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%