exploration – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Thu, 05 Dec 2019 13:10:21 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.3 Making Balochistan’s gas, oil findings worthy http://www.pakistaneconomist.com/2019/04/22/making-balochistans-gas-oil-findings-worthy/ http://www.pakistaneconomist.com/2019/04/22/making-balochistans-gas-oil-findings-worthy/#respond Sun, 21 Apr 2019 19:55:28 +0000 http://www.pakistaneconomist.com/?p=27903 Balochistan has the country’s extensive oil and gas reserves. According to an estimate, out of the Pakistan’s estimated 25.1 trillion cubic feet (Tcf) of proven gas reserves, 19 trillion are located in Balochistan. According to another estimate, out of the country’s proven oil reserves of 300 million barrels, largely are located in the province. Strategically …

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Energy-rich Balochistan can be a money-making for Pakistan http://www.pakistaneconomist.com/2018/12/17/energy-rich-balochistan-can-be-a-money-making-for-pakistan/ http://www.pakistaneconomist.com/2018/12/17/energy-rich-balochistan-can-be-a-money-making-for-pakistan/#respond Sun, 16 Dec 2018 19:54:37 +0000 http://www.pakistaneconomist.com/?p=23422 Present govt must formulate an aggressive exploration policy for the province Present government led by Prime Minister Imran Khan needs to formulate an aggressive exploration policy for energy-rich Balochistan. Strategically located province is surrounded by the countries like Afghanistan, Iran, and Arabian Gulf states, which are rich in oil and gas reserves. While on one …

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Govt is doing well in oil and gas exploration activities in last five years http://www.pakistaneconomist.com/2018/12/17/govt-is-doing-well-in-oil-and-gas-exploration-activities-in-last-five-years/ http://www.pakistaneconomist.com/2018/12/17/govt-is-doing-well-in-oil-and-gas-exploration-activities-in-last-five-years/#respond Sun, 16 Dec 2018 19:49:42 +0000 http://www.pakistaneconomist.com/?p=23411 Accessible technology of ExxonMobil will help country accelerate exploration and make more discoveries in the future Interview with Mr. Barkatullah Lone – Chairman, GB International Economic Forum PAGE: How would you comment on the gas and oil exploration in Pakistan? Barkatullah Lone: Pakistan has done well in gas and oil exploration as 113 new oil and gas …

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Strong grains in oil and gas exploration in four years http://www.pakistaneconomist.com/2018/08/06/strong-grains-in-oil-and-gas-exploration-in-four-years/ http://www.pakistaneconomist.com/2018/08/06/strong-grains-in-oil-and-gas-exploration-in-four-years/#respond Sun, 05 Aug 2018 19:57:32 +0000 http://www.pakistaneconomist.com/?p=18754 Pakistan witnessed an increase of around 80 percent in oil and gas exploration activities in different potential areas during the last four years. The government took a number of initiatives which resulted in drilling of over 179 exploratory and 194 appraisal/developmental wells. The Exploration and Production (E&P) companies made over 101 new oil and gas …

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KPOGCL- Becoming an attraction for investors http://www.pakistaneconomist.com/2018/08/06/kpogcl-becoming-an-attraction-for-investors/ http://www.pakistaneconomist.com/2018/08/06/kpogcl-becoming-an-attraction-for-investors/#respond Sun, 05 Aug 2018 19:56:38 +0000 http://www.pakistaneconomist.com/?p=18780 Company is committed to expand by attracting national and international investors KPOGCL was incorporated as a Public Sector Enterprise (PSE) on 8th February, 2013 under Section 32 of the Companies Ordinance, 1984. Later, KPOGCL was declared as fully-owned Provincial Holding Company (PHC) of GoKP pursuant to clause 4.1.3 (6) of Petroleum Exploration and Production Policy-2012. The …

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Oil & Gas from exploration to consumption (facts & Figures) http://www.pakistaneconomist.com/2018/08/06/oil-gas-from-exploration-to-consumption-facts-figures/ http://www.pakistaneconomist.com/2018/08/06/oil-gas-from-exploration-to-consumption-facts-figures/#respond Sun, 05 Aug 2018 19:46:30 +0000 http://www.pakistaneconomist.com/?p=18707 Pakistan: Average sector wise natural gas consumption (July-Feb FY 2018) Sector Gas Consumption in MMCFD RLNG Total Power 936 401 1,337 Domestic 860 – 860 Commercial 88 – 88 Transport (CNG) 138 53 191 Fertilizer 613 7 620 General Industry 570 171 741 Total 3,205 632 3,837  

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Performance of energy companies http://www.pakistaneconomist.com/2018/02/26/performance-energy-companies-2/ http://www.pakistaneconomist.com/2018/02/26/performance-energy-companies-2/#respond Sun, 25 Feb 2018 22:05:13 +0000 http://www.pakistaneconomist.com/?p=14290 There are two wide-spread perceptions prevailing in the market: 1) exploration and production companies (E&P) declare high dividend to facilitate the government in meeting the budget deficit, rather than investing in exploration and production activities and 2) the successive governments have failed in offering incentives for downstream oil companies. The get a clear picture an …

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Performance of energy companies http://www.pakistaneconomist.com/2018/01/22/performance-energy-companies/ http://www.pakistaneconomist.com/2018/01/22/performance-energy-companies/#respond Sun, 21 Jan 2018 21:55:26 +0000 http://www.pakistaneconomist.com/?p=13557 There are two wide-spread perceptions prevailing in the market: 1) exploration and production companies (E&P) declare high dividend to facilitate the government in meeting the budget deficit, rather than investing in exploration and production activities and 2) the successive governments have failed in offering incentives for downstream oil companies. The get a clear picture an …

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Stunning oil and gas exploration in Sindh, Balochistan http://www.pakistaneconomist.com/2018/01/22/stunning-oil-gas-exploration-sindh-balochistan/ http://www.pakistaneconomist.com/2018/01/22/stunning-oil-gas-exploration-sindh-balochistan/#respond Sun, 21 Jan 2018 21:15:48 +0000 http://www.pakistaneconomist.com/?p=13567 Oil and Gas Development Company Limited (OGDCL) has found new oil and gas deposits in Chabaro-1 well located in Khewari block in Sindh. OGDCL is the operator of Khewari block while Government Holdings Private Limited is a partner in the joint venture. They have 95 percent and 5 percent stake respectively in the block. The …

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