Member Name Password
About PPEPCA Members Highlights News & Events Usefull Links Contact Us
 
  Back  
 
Pakistan Petroleum Ltd
 
 
Companies' Name & Postal Address Name & Designation Telephone Fax
       
Pakistan Petroleum Ltd
P.I.D.C, Dr. Ziauddin Ahmed Road
P.O. Box No. 3942, Karachi
Mr. Imran Abbasy
Managing Director & CEO
92-21-111-568-568
92-21-35651480-89
92-21-35680005
 
     
 

The pioneer of the natural gas industry in the country, Pakistan Petroleum Limited (PPL) has been a frontline player in the energy sector since the mid-1950s. As a major supplier of natural gas, PPL today contributes over 20 percent of the country’s total natural gas supplies besides producing crude oil, Natural Gas Liquid and Liquefied Petroleum Gas.

The company’s history can be traced back to the establishment of a public limited company in June 1950, with major shareholding by Burmah Oil Company (BOC) of the United Kingdom for exploration, prospecting, development and production of oil and natural gas resources. In September 1997, BOC sold its equity in PPL to the Government of Pakistan. Subsequently, the government reduced its holding through an initial public offer in June 2004, Benazir Employees Stock Option Schemein August 2009 and Secondary Public Offering in 2014.

PPL has established two subsidiaries PPL Europe E&P Limited and PPL Asia E&P B.V. The company has assigned its interest in Block 8 Iraq, under the Exploration, Development and Production Service Contract with Midland Oil Company, Iraq to PPL Asia E&P B.V.

PPL operates 13 producing fields across the country at Sui (Pakistan’s largest gas field), Adhi, Kandhkot, Chachar, Mazarani, Adam, Adam West, Shadadpur, Shahdadpur West, Shahdadpur East, Zafir, Fazal and Dhok Sultan and holds working interest in 23 partner-operated producing fields, including Qadirpur the country’s second largest gas field.
As a major stakeholder in securing a safe energy future for the country, PPL pursues an aggressive exploration agenda aimed at enhancing hydrocarbon recovery and replenish reserves. PPL together with its subsidiaries has a portfolio of 48 exploration assets of which the company operates 28, including one contract in Iraq, while 20 blocks, comprising three offshore leases in Pakistan and one onshore concession in Yemen, are operated by joint venture partners.

Over the years, PPL has developed a reliable foundation and infrastructure for providing clean and safe energy through sustainable exploitation of indigenous natural resources while adhering to the highest standards of health and safety and constraining the ecological footprint of its operations. As a result, the company’s 16 fields and facilities stand certified for ISO 9001 QMS whereas 13 fields and facilities are certified for OHSAS 18001.

PPL has played a significant role as a responsible corporate citizen since the inception of its commercial activities in Sui. In 2001, the PPL Welfare Trust was founded to provide geographical and thematic diversity to the company’s CSR programme, which focuses on education, health, infrastructure development and socio-economic uplift of disadvantaged communities living in and around its operating areas as well as in urban centers.

In recognition of its CSR initiatives, PPL has been adjudged as the largest corporate giver for 15 consecutive years from 2004 to 2018 by Pakistan Centre for Philanthropy.

 
 
       
Tel:

Fax:
Address:
Email:
mail@ppepca.com
© 2008 PPEPCA. Privacy Policy
 
Home Contact Us