Ministry of Petroleum and Natural Resources (Pakistan)
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| Agency overview | |
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| Formed | 1977 |
| Headquarters | Islamabad, Islamabad Capital Territory |
| Minister responsible |
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| Agency executives |
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| Website | {http://www.mpnr.gov.pk/} |
The Ministry of Petroleum & Natural Resources, is a Pakistan Government's federal and executive level ministry responsible to ensure availability and security of sustainable supply of oil and gas for economic development and strategic requirements of Pakistan and to coordinate development of natural resources of energy and minerals. The Ministry of Petroleum & Natural Resources is currently headed by Shahid Khaqan Abbasi
Petroleum & Natural Resources Division was created in April 1977. Prior to that Petroleum and Natural Resources was part of the Ministry of Fuel, Power and Natural Resources.
The Geological Survey of Pakistan is an autonomous and independent institution under Ministry of Petroleum and Natural Resources which is tasked and mandate with advancing the geoscience knowledge and carrying out systematic studies on official mapping and area surveying.
Government Holdings Private Limited (GHPL) was registered as private limited company in 2000 under the Companies Ordinance 1984. It is 100% owned by the Government of Pakistan and operates under the Ministry of Petroleum and Natural Resources. The purpose of creating this company was to separate the regulatory and commercial functions to efficiently manage the Government's interest in petroleum exploration and production joint ventures which was previously managed by Directorate General of Petroleum Concession. GHPL had a mandatory 5% interest in all Exploration Licenses granted by the Government during the exploration phase which was to be carried by other joint venture partners. This working interest was to increase in case of commercial discovery from 15% to 25% depending on the discovery zone.
OGDCL is the national oil & gas company of Pakistan and the flagship of the country’s exploration and production sector.
PMDC is an autonomous corporation under the administrative control of Ministry of Petroleum and Natural Resources , Government of Pakistan. It was established in 1974 to expand and help mineral development activities in the country. It is involved in exploration and evaluation of economic mineral deposits, preparation of techno-economic feasibility reports, mining and marketing.
Pakistan Petroleum Limited (Reporting name: PPL or PP) was incorporated on June 5, 1950, when it inherited the assets and liabilities of the Burmah Oil Company Ltd.
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