Oil and Gas Development Company Limited (OGDCL) has been declared the highest corporate taxpayer of 2018. According to sources OGDCL paid Rs 117 billion in Tax Year 2018 in the form of income tax, sales tax, royalty and dividend.
Prime Minister of Pakistan Imran Khan, acknowledging OGDCL’s commitment towards national building, gave appreciation certificate to Zahid Mir MD/CEO-OGDCL, at a ceremony held in the Prime Minister’s office Islamabad. Prime Minister observed that the true VIPs of Pakistan were those who pay the most tax and such citizens should be facilitated and honoured.
OGDCL is the biggest company in Pakistan not only in E&P sector but all over in Pakistan. OGDCL is the only public sector company which is registered in London Stock Exchange. OGDCL indigenously produces 45 percent of oil, 29 percent of gas and 40 percent of LPG in overall production of the country