MOL Pakistan awards 97 scholarships to KPK students

Peshawar, MOL Pakistan, a company involved in oil and gas exploration in Tal Block, has awarded 97 scholarships to talented students of three southern districts, including Karak, Hangu and Kohat.

The scholarships were awarded at a ceremony organized at a local hotel on Wednesday. MOL Pakistan’s managing director Erno Lipták was chief guest on the occasion and distributed the awards.

He said within the scholarship program the company offers two types of scholarships to the talented students from Khyber Pukhtunkhwa.

One category is called intermediate scholarships and the other is known as technical training scholarships (BE, Geology and& DAE). The scholarships covers tuition fee, boarding and lodging and cost of books at the rate of Rs 4,000 per month and are given over a period of two years paid on six monthly basis to students of MOL Pakistan’s operational areas. A total of 97 scholarships have been awarded this year to students from three districts of Karak, Hangu and Kohat in TAL Block.

For engineering and geology students Rs 10,000 per month and for DAE students Rs 7,000 per month was offered over a period of two years paid on six monthly/semester basis.

In all, 36 scholarships were awarded in technical education, 17 scholarships have been awarded to the engineering students, three to geology students and 16 to DAE students. The students who received these scholarships hail from Karak, Kohat and Hangu.

While the next scholarships scheme have already been announced for the next session of 2012-2014 and will be awarded after completion of process.

During the certificate ceremony, MOL Pakistan, Erno Liptak Managing Director congratulated the recipients of scholarship certificates and hoped this scholarship would fill in a new spirit in the students.

Highlighting the importance of education issues he said, MOL Pakistan considers education as the most powerful instrument that brings positive change in the attitude and behavior of the people and helps in improving poverty by producing skilled manpower.

Erno Liptak added that his company is committed to providing best chances to those students who perform exceptionally well under considerable chances and show to the world that there is no dearth of talent in them.