Pakistan Petroleum

Pakistan Petroleum
Company typePublic
PSXPPL
KSE 100 component
KSE 30 component
IndustryEnergy
GenreOil and gas
Founded5 June 1950; 74 years ago (1950-06-05)
Headquarters,
Pakistan
Area served
Nationwide
Key people
ProductsPetroleum
Natural gas
Motor fuels
Aviation fuels
RevenueIncrease Rs. 288.053 billion (US$1.0 billion) (2023)
Increase Rs. 165.60 billion (US$570 million) (2023)
Increase Rs. 97.221 billion (US$340 million) (2023)
Total assetsIncrease Rs. 794.444 billion (US$2.8 billion) (2023)
Total equityIncrease Rs. 540.867 billion (US$1.9 billion) (2023)
OwnerGovernment of Pakistan (67.51%)
Number of employees
2,594 (2023)
Subsidiaries
  • Bolan Mining Enterprise
  • PPL Europe E&P Limited
  • PPL Asia E&P B.V.
  • Pakistan Petroleum Provident Fund
Websiteppl.com.pk
Footnotes / references
Financials as of 30 June 2023 [1]

Pakistan Petroleum Limited (PPL) (Urdu: پاکستان پیٹرولیم) is a Pakistani state-owned petroleum company headquartered in Karachi. It operates major oil and gas fields, including the Sui gas field, has non-operating interests in other fields, and has an interest in an exploration portfolio onshore and offshore. Its managing director reports to the Petroleum Secretary of Pakistan.

  1. ^ "PPL Annual Report 2023" (PDF). ppl.com.pk. Retrieved 6 December 2023.