May 20, 2025– Parliamentarians showed concerns over actual royalty payments to provinces due to discrepancies in Oil and Gas Development Limited’s (OGDCL) real-time production and refined products sales data while no verification mechanism within the Petroleum Division are placed.
This was revealed in the Public Accounts Committee (PAC)’s sub-committee meeting which examined the Ministry of Energy (Petroleum Division) Audit Report.
In one case, audit identified short payment of royalty of Rs 467.47 million due to difference to quantity of oil produced, saved and sold (refined product sale).
Audit highlighted that there was variation in figures of raw production available with Director General (PC) Petroleum Division and figures of sales actually declared by the OGDCL for payment of royalty. Further DG (PC) has not record of crude oil and gas actually sold and no mechanism in place to authenticate the figures of production and sale of crude oil and gas. ENDs
