PPL Appoints Imran Ahmed as Ex-Officio Director

Pakistan Petroleum Limited (PPL), a major exploration and production company in Pakistan, revealed the appointment of Imran Ahmed as an ex-officio director, effective Thursday.

The announcement was formally communicated to the Pakistan Stock Exchange (PSX) through an official notification by the listed entity.

The notice stated, “We are informing you that Imran Ahmed, Director General (Oil) within the Ministry of Energy (Petroleum Division) of the Government of Pakistan, has been designated as an ex-officio director of PPL, succeeding Momin Agha.”

PPL is a key element of Pakistan’s energy infrastructure and a prominent supplier of natural gas.

The company accounts for over 20% of the country’s total natural gas supply. In addition, it produces crude oil, natural gas liquids (NGL), and liquefied petroleum gas (LPG), thus reinforcing its critical role in addressing Pakistan’s energy demands.

Recently, PPL and Oil and Gas Development Company Limited (OGDCL) adjusted their funding allocations for Phase 1 of the Reko Diq copper and gold venture.

Each company’s share was increased to $715 million, which is subject to adjustments based on actual financing costs and prevailing inflation rates.