PPL pays Rs42bn lease extension bonus for continued Sui Gas Field operations

MG News | April 14, 2025 at 12:27 PM GMT+05:00

0:00

April 14, 2025 (MLN): Pakistan Petroleum Limited (PSX: PPL) has made a payment of Rs42 billion as the Lease Extension Bonus.

This payment is in accordance with the terms of the executed agreements of the Sui Development and Production Lease (D&PL) and the Sui Petroleum Concession Agreement (PCA) with the Federal Government of Pakistan for the continued operations of the Sui Gas Field.

It also follows the execution of a Memorandum of Agreement (MoA) with the Government of Balochistan in connection with the aforementioned arrangements.

The Lease Extension Bonus has been paid to the Government of Pakistan for onward transmission to the Government of Balochistan.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	152,907.97 313.13M	-3.41% -5405.48
ALLSHR	91,785.84 517.51M	-3.04% -2879.94
KSE30	46,304.86 108.36M	-3.69% -1774.69
KMI30	222,014.44 106.73M	-3.34% -7665.42
KMIALLSHR	59,976.79 312.82M	-2.94% -1816.68
BKTi	41,546.33 34.74M	-3.94% -1704.98
OGTi	31,998.89 11.08M	-3.07% -1014.24

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	69,415.00	71,595.00 69,220.00	-1445.00 -2.04%
BRENT CRUDE	106.75	106.93 102.75	4.53 4.43%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-9.15 -8.43%
ROTTERDAM COAL MONTHLY	118.45	0.00 0.00	-0.10 -0.08%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	93.82	94.13 90.71	3.50 3.88%
SUGAR #11 WORLD	15.65	15.73 15.57	0.10 0.64%