National News

OGDCL paid Rs 229.733 bln royalty to provinces in 15 years

ISLAMABAD, (APP): Oil and Gas Development Company
(OGDCL) has made payments of around Rs 229.733 billion on account of
oil and gas royalty to the provinces during last 15 years, official
sources said Monday.
“OGDCL has paid around Rs 229,733 million royalty to Sindh,
Punjab, Balochistan and Khyber Pakhtunkhwa provinces from financial
year 2001-02 to 2015-16,” they told APP.
Giving break-up, they informed that the company paid Rs
124.558 billion to Sindh, Rs 35.244 billion to Punjab, Rs 19.645
billion to Balochistan and Rs 50.327 billion to Khyber Pakhtunkhwa
during the said period.
The National Assembly Standing Committee on Petroleum and
Natural Resources has recently got a detailed briefing from
provincial energy departments about distribution of the royalty
among oil and gas producing districts and tehsils.
The body has also asked the energy departments to
furnish reports on gas theft incidents and their strategy to prevent
them.