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

Over Rs2.8b released for petroleum sector development

byCT Report
19/06/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The government has released over Rs2,829 million for the Ministry of Petroleum and Natural Resources under the Public Sector Development Programme (PSDP) till date against the total allocation of Rs4,251 million for the fiscal year 2016-17.

According to official data, Rs415.8 million have been released for acquisition of four drilling rigs with accessories for the Geological Survey of Pakistan. While, funds amounting to Rs131.6 million have been provided for appraisal of newly discovered coal resources of Badin Coal Field and its adjoining areas of Southern Sindh. Moreover, Rs20 million have been released to explore and evaluate metallic minerals in Bela and Uthal areas, district Lasbella of Balochistan.

You might also like

CCP approves acquisition of BASF Pakistan by Kemyion Chemical Solutions Trading FZCO

23/06/2026

Islamabad vehicle owners face higher token tax under new revenue plan

22/06/2026

The government provided Rs11.3 million for exploration of tertiary coal in the Central Salt Range, Punjab, besides releasing over Rs2,059 million funds for supply of gas to various villages and localities. An amount of Rs332.2 million have been given for provision of sui gas to three localities of District Mansehra, Rs656.7 million for various villages of district Thatta and Sajawal, Rs170.6 million for various villages of district Sheikhupura, Rs532.7 million villages of Hafizabad, Rs369 for District Okara villages, Rs163.8 million for district Mardan and Rs25.6 million for villages of district Attock. Whereas, no funds could be released against Rs1,413 million allocation made for provision of gas to various localities of districts Sargodha, Sialkot and Kahuta.

Related Stories

CCP approves acquisition of BASF Pakistan by Kemyion Chemical Solutions Trading FZCO

byCT Report
23/06/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) here on Tuesday approved the proposed acquisition of the entire shareholding of BASF...

Islamabad vehicle owners face higher token tax under new revenue plan

byCT Report
22/06/2026

ISLAMABAD: The National Assembly’s Standing Committee on Finance has approved an increase in vehicle token tax rates in Islamabad, marking...

Kerosene prices slashed by Rs48.29 per litre in Pakistan

byCT Report
20/06/2026

ISLAMABAD: The federal government has reduced the price of kerosene oil following a series of cuts in petrol and diesel...

World Bank mission reviews Sukkur Barrage project

byCT Report
18/06/2026

SUKKUR: A World Bank Implementation Support Mission on Wednesday visited the Sukkur Barrage Rehabilitation Project to assess on-ground progress and...

Next Post

NAB arrests DSP in Rs750m corruption case

  • 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.