We endorse simplicity, trust, and mutually beneficial relationships. We are committed to highly ethical business practices and sound governance principles.
The company's corporate values include integrity, reliability, productively and quality in performance. These values are embedded in our corporate policy, and are the prime reason for our long-term success.
We strictly observe cultural norms as well as legal requirements and regulations of the countries in which we operate. Transparency and accountability are key to our existence. We practice what we impart and we perform in an honest and fair manner.
PEL has contributed over US$ 17.28 million from 2003 to date on account of statutory payments to the Government of Pakistan. This include royalty, area rental, marine research, production bonuses, signature bonuses, training, social welfare, general sales tax, excise duty, with-holding tax and custom duties.