Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Federal govt paid Rs 22,290m oil, gas royalty to Punjab

byCT Report
27/09/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Government has paid Rs 22,290 million oil and gas royalty to Punjab during last four years, official sources in the Ministry of Petroleum and Natural Resources said.

“The amount was paid to the province from the financial year 2012-013 to 2015-16 (April 30, 2016) for onward distribution among the oil and gas producing districts,” they told APP.

You might also like

PM Shehbaz increases youth loan limit from Rs7.5m to Rs25m

10/11/2026

Nepra hikes electricity tariff by Rs2.37 for November bills

07/11/2026

The sources informed that the royalty was distributed among eight oil and gas producing districts of the Punjab province including Attock, Chakwal, D G Khan, Jhelum, Khanewal, Jhang, Rawalpindi and Mianwali.  They said the amount was spent under the Community Welfare Programme to ensure provision of facilities like electricity, natural gas, education, water, sanitation, health and roads in the districts.

Commenting on the royalty given to Khyber Pakhtunkhwa, they said the Karak district was provided Rs 307.654 million royalty and Rs 742.1 million production bonus in last eight years. Besides, Rs 2,237.981 million and Rs 656.616 million to Kohat and Hangu district respectively on account of royalty, they added.

Whereas, the sources said the Sindh province received Rs 336 billion royalty from the federal government for onward distribution among oil and gas producing districts in last 25 years during the period from 1989 to 2014.

Related Stories

PM Shehbaz increases youth loan limit from Rs7.5m to Rs25m

byCT Report
10/11/2026

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday increased the limit of the government’s loans for youth for business and agriculture...

Nepra hikes electricity tariff by Rs2.37 for November bills

byCT Report
07/11/2026

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved Rs2.37 per unit hike in electricity tariff under the monthly...

Govt appoints Mustafa Ramday as PSO chairman for three years, reconstitutes board

byCT Report
06/11/2026

ISLAMABAD: Pakistan State Oil Company Limited (PSO) has confirmed the appointment of Mustafa Ramday as its new chairman following the...

SECP registers 5,003 new companies in October 2026

byCT Report
05/11/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 5,003 new companies in October 2026, bringing the total number...

Next Post

Iran plans to ban export of raw iron ore from March

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.