PPL gets further one year extension in Sui mining lease

MG News | June 02, 2022 at 10:30 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 02, 2022 (MLN): Pakistan Petroleum Limited (PPL) has been allowed to continue production from the Sui mining lease for a further period of one year with effect from 1st June 2022, the company informed through a notice to exchange on Thursday.

The Sui mining lease area has been exempted by the Government of Pakistan from the application of Rule 34 of the Pakistan Petroleum (Production) Rules, 1949, it added.

Currently, the stock of the company is trading at 66.75 [10:24], down by 72 paisa or 1.07% DoD.

Related News

APAG book building oversubscribed 1.84x, strike price set at Rs33

PSX Closing Bell: A Soft Step Up

BOP profit surges 44% to Rs9.37bn in 1HCY26

Name	Price/Vol	%Chg/NChg
KSE100	177,696.51 304.87M	0.21% 373.73
ALLSHR	107,705.18 655.88M	0.15% 159.56
KSE30	52,933.03 152.01M	0.35% 184.89
KMI30	251,798.59 90.78M	0.35% 875.46
KMIALLSHR	69,442.62 342.89M	0.12% 85.14
BKTi	50,491.32 102.65M	0.60% 299.36
OGTi	36,062.21 6.01M	0.11% 39.56

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,350.00	78,495.00 77,660.00	515.00 0.66%
BRENT CRUDE	88.29	88.75 87.26	-0.23 -0.26%
RICHARDS BAY COAL MONTHLY	117.00	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	131.50	132.75 131.50	1.75 1.35%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	83.44	83.78 82.25	-0.09 -0.11%
SUGAR #11 WORLD	17.56	18.66 17.44	-0.63 -3.46%