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

PSX Closing Bell: Gains Cut Short

Pakistan mutual funds hit Rs4.48tr; equity AUMs surge 9% MoM

S.G. Power rebrands as Crestwell Healthcare

Name	Price/Vol	%Chg/NChg
KSE100	166,498.84 185.04M	-0.57% -952.30
ALLSHR	100,481.40 703.99M	-0.51% -519.61
KSE30	49,764.01 68.59M	-0.64% -319.08
KMI30	240,340.56 94.21M	-0.36% -880.32
KMIALLSHR	65,599.63 389.80M	-0.33% -217.28
BKTi	45,136.63 31.52M	-1.09% -499.60
OGTi	35,252.30 4.64M	-0.58% -205.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,555.00	81,555.00 81,555.00	-65.00 -0.08%
BRENT CRUDE	106.59	107.13 103.88	0.96 0.91%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-6.70 -5.74%
ROTTERDAM COAL MONTHLY	108.25	108.25 107.25	0.00 0.00%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	97.66	97.84 97.62	-3.51 -3.47%
SUGAR #11 WORLD	15.00	15.42 14.92	-0.38 -2.47%