Pakistan Petroleum

Pakistan Petroleum
Company typePublic
PSX: PPL
KSE 100 component
KSE 30 component
IndustryEnergy
GenreOil and gas
Founded5 June 1950 (1950-06-05)
Headquarters,
Pakistan
Area served
Nationwide
Key people
ProductsPetroleum
Natural gas
Crude Oil
Liquefied Natural Gas
Liquefied Petroleum Gas
Motor fuels
Aviation fuels
Revenue Rs. 291.241 billion (US$1.0 billion) (2024)
Rs. 159.782 billion (US$550 million) (2024)
Rs. 115.477 billion (US$400 million) (2024)
Total assets Rs. 913.04 billion (US$3.2 billion) (2024)
Total equity Rs. 640.731 billion (US$2.2 billion) (2024)
OwnerGovernment of Pakistan (67.51%)
Number of employees
2,590 (2024)
Subsidiaries
  • PPL Europe E&P Limited
  • PPL Asia E&P B.V.
  • Pakistan Petroleum Provident Fund Trust Company (Private) Limited
Websiteppl.com.pk
Footnotes / references
Financials as of 30 June 2023

Pakistan Petroleum Limited (PPL) is a Pakistani state-owned oil and gas company headquartered in Karachi. It is one of the largest exploration and production companies in the country and contributes over 20% of the country’s total natural gas supplies. It operates in major oil and gas fields, including the Sui gas field, and has non-operating interests in other fields. PPL also has operations internationally in UAE and Yemen. Its managing director reports to the Petroleum Secretary of Pakistan.