pioneer of the natural gas industry in the country pakistan petroleum limited ppl has been a frontline player in the energy sector since the mid 1950s . as a major supplier of natural gas ppl today contributes over 20 percent of the country s total natural gas supplies besides producing crude oil natural gas liquid and liquefied petroleum gas . the company s history can be traced back to the establishment of a public limited company in june 1950 with majorshareholding by burmah oil company boc of the united kingdom for exploration prospecting development and production of oil and natural gas resources . in september 1997 boc disinvested from the exploration and production e & p sector worldwide and sold its equity in ppl to the government of pakistan gop . subsequently the government reduced its holding through an initial public offer in june 2004 which was further decreased with the initiation of the benazir employees stock option scheme besos in august 2009 when ppl employees were allotted 12 percent shares from the government s equity . more recently gop further disinvested its 5 percent shares around 3.55 percent of the total paid up capital in ppl through secondary public offering in 2014 . currently the company s shareholding is divided between the government which owns about 68 percent ppl employees empowerment trust that has approximately 7 percent being shares transferred to employees under besos and private investors who hold nearly 25 percent . ppl has acquired 100 percent shareholding of mnd e & p limited a company incorporated in england and wales . the name of the subsidiary has been changed to ppl europe e & p limited . the company has also established a wholly owned subsidiary ppl asia e & p b.v. with corporate seat in amsterdam kingdom of netherlands . the subsidiary will focus on exploration and production of oil and gas in the region . ppl has assigned its interest in block 8 iraq under the exploration development and production service contract with midland oil company iraq to ppl asia e & p b.v. ppl operates eight producing fields across the country at sui pakistan s largest gas field adhi kandhkot chachar mazarani adam adam west and shadad and holds working interest in fifteen partner operated producing fields including qadirpur the country s second largest gas field . as a major stakeholder in securing a safe energy future for the country ppl pursues an aggressive exploration agenda aimed at enhancing hydrocarbon recovery and replenish reserves . ppl together with its subsidiaries has a portfolio of 47 exploration assets of which the company operates 27 including one contract in iraq while 20 blocks comprising three offshore leases in pakistan and two onshore concessions in yemen are operated by joint venture partners . over the years ppl has developed a reliable foundation and infrastructure for providing clean and safe energy through sustainable exploitation of indigenous natural resources while adhering to best practices of corporate governance and employee health and safety and constraining the ecological footprint of its operations . as a result monitoring and inspection design and construction drilling and well engineering joint operations operational technical support services and projects departments mazarani adhi and kandhkot fields sui field gas compressor station sui production sui field engineering and sui purification stand certified for iso 9001 quality management system . similarly kandhkot mazarani and adhi fields sui production sui field gas compressor station sui field stores sui field engineering and drilling and well engineering design and construction projects health safety and environment and exploration departments and sui field hospital have been certified for iso 14001 environmental management system and ohsas 18001 occupational health and safety assessment series . sui purification is also certified for ohsas 18001 . ppl has played a significant role as a responsible corporate citizen since the inception of its commercial activities insui by establishing the sui model school in 1957 for children of workers and local communities . in 2001 the pplwelfare trust was founded to provide geographical and thematic diversity to the company s csr programme which currently includes education health infrastructure development and socio economic uplift of disadvantaged communities living in and around its operating areas as well as other parts of the country . contents 1 board of directors 2 company secretary 3 awards 4 operations 5 references 6 external links board of directors edit waqar a. malik ex chairman syed wamiq bokhari managing director & chief executive officer arshad mirza director aftab nabi director asif baigmohamed director imtiaz hussain zaidi director muhammad ashraf iqbal baluch director nadeem mumtaz qureshi director saeedullah shah director company secretary edit shahana ahmed ali this section is empty . you can help by adding to it . december 2015 awards edit pakistan petroleum limited has received numerous awards in recognition of its contribution on various fronts karachi stock exchange top 25 companies 2006 2007 2008 2009 2010 2011 2012 and 2013 management association of pakistan award 2006 2007 2008 and 2009 best corporate report award 2005 2007 2008 2009 2010 2011 2012 2013 and 2014 large tax payers unit excellence award 2006 and 2008 environment excellence award 2006 2007 2009 and 2010 corporate philanthropy award 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 and 2014 south asian federation of accountants award 2009 and 2010 occupational safety health and environment best practices awards 2012 and 2014 living the united nations global compact business excellence award 2014 employer of the year award 2013 project management institute karachi pakistan chapter corporate excellence 2014 operations edit exploration pakistan petroleum limited ppl has an aggressive exploration programme geared to optimize production and replenish reserves . the company has invested in acquiring state of the art integrated technology and enhancing human resource competencies to achieve desired outputs and minimize risks through well coordinated teamwork and strategic partnerships with local and international exploration and production e & p companies . the company s exploration strategy is focused on evaluating prospective areas for direct participation and pursuing farm in opportunities . in the last bidding round held by government in march 2013 ppl won 11 exploration blocks 10 as operator and one as joint venture partner . ppl has acquired 100 percent shareholding of mnd e & p limited a company incorporated in england and wales . the name of the subsidiary has been changed to ppl europe e & p limited . the company has also established a wholly owned subsidiary ppl asia e & p b.v. with corporate seat in amsterdam kingdom of netherlands . the subsidiary will focus on exploration and production of oil and gas in the region . currently ppl together with its subsidiaries has a portfolio of 47 exploration assets of which the company operates 27 including one contract in iraq while 20 blocks comprising three offshore leases in pakistan and two onshore concessions in yemen are operated by joint venture partners . production pakistan petroleum limited ppl operates eight producing fields in sui kandhkot adhi mazarani chachar adam adam west and kinza the first two wholly owned by ppl and has working interest in fifteen partner operated producing assets . daily gas production of ppl from its operated and partner operated fields stands at around one billion cubic feet bcf of gas per day which translates into over 20 percent of the country s total gas production . the company s major clients comprise sui southern gas company limited ssgcl sui northern gas pipelines limited sngpl and water and power development authority . on june 30 2015 ppl s proven recoverable reserves were 2.021 trillion cubic feet tcf of natural gas 17.041 million barrels mmbbl of oil ngl and 309 918 tonnes tons of lpg . references edit external links edit official website v t e kmi 30 companies of pakistan abbott laboratories pakistan attock cement attock refinery cherat cement d.g. khan cement engro foods fauji fertilizer bin qasim fauji fertilizer company limited glaxosmithkline pakistan hub power company ici pakistan indus motors company karachi electric supply company kohat cement lafarge pakistan lotte chemical pakistan lucky cement maple leaf cement mari petroleum company limited millat tractors national refinery nishat mills oil and gas development company packages ltd. pak suzuki motors pakistan oilfields pakistan petroleum pakistan state oil pakistan telecommunication company ltd shell pakistan as of july 2013 v t e kse 30 companies of pakistan adamjee insurance arif habib corporation limited askari bank attock petroleum attock refinery bank al falah bank al habib d.g. khan cement engro corporation engro foods fatima fertilizer fauji fertilizer bin qasim fauji fertilizer company limited hbl pakistan hub power company ici pakistan js group kot addu power company lucky cement mcb bank limited millat tractors national bank of pakistan national refinery nishat mills oil and gas development company pakistan oilfields pakistan petroleum pakistan state oil pakistan telecommunication company ltd trg pakistan united bank limited pakistan as of july 2013 retrieved from https en.wikipedia.org w index.php title pakistan petroleum & oldid 740476479 categories oil and gas companies of pakistanpetroleum in pakistanpakistan federal departments and agenciesmultinational companies headquartered in pakistangovernment owned companies of pakistancompanies based in karachienergy companies established in 1950non renewable resource companies established in 19501950 establishments in pakistancompanies listed on the karachi stock exchangeburmah castrolhidden categories articles to be expanded from december 2015all articles to be expandedarticles with empty sections from december 2015all articles with empty sectionsarticles using small message boxes navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 21 september 2016 at 08 57 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view