KP gets over Rs29.7 bln gas royalty, GDS in three years.

ISLAMABAD -- The federal government has paid more than Rs 29.7 billion to the Khyber Pakhtunkhwa province on account of natural gas royalty and the Gas Development Surcharge (GDS) during the last three years.

'Around Rs 24,178.42 million royalty on natural gas and Rs 5,573.65 million Gas Development Surcharge (GDS) on natural gas have been paid to the KP province during a three-year period,' according to an official document available with reporter.

As per the break-up, the government paid Rs8,821.53 million royalty and Rs Rs 68.22 GDS to the province during the fiscal year 2019-20, while Rs7,682.86 million royalty and Rs2,697.03 million GDS in 2020-21.

Similarly, during the fiscal year 2021-22...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT