Tag Archives: oil

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 …

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 …

Overcoming the chronic energy shortage in Pakistan is going to be the huge challenge for the upcoming government, which will take oath this month after July 25 general elections. Time calls for opening up the resource-rich Balochistan for investments in …

Pakistan is a net oil importer and meets about 75 percent of needs through imports. Oil imports carry the heaviest weight in total imports of the country. Pakistan has a total refining capacity to process around 400,000 bpd or about …

The company was formed in January 1995 as a public listed company. It started its first oil refinery with a capacity of 30,000 barrels a day at Hub, Balochistan with commercial production starting from July, 2004. The capacity was later …

Interview with Mohammad Ibrahim Kasumbi — former Senior Vice President Karachi Chamber of Commerce and Industry PAGE: Kindly tell us something about yourself: Mohammad Ibrahim Kasumbi: I am in the business of distribution and marketing of Plastics and Petrochemicals for last 30 …

Development of indigenous hydrocarbon resources absolutely imperative for the sustainable economic growth New government should offer incentives to foreign E&P sector for more investment Need to aggressively pursue offshore drilling in the coastal belt of the Arabian sea Interview with …

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 …

Oil and Gas Development Company (OGDCL) holds the largest exploration acreage in Pakistan which showing the 27 percent of the country’s total area under exploration during March 2018. During July 2017-March 2018, OGDCL continued with its seismic data activities acquiring …

International oil experts calculated that worldwide oil demand to increase by almost 1.45 million bpd during 2019, following predicted growth of 1.65 million bpd for 2018. It is also said that this year, total world oil consumption is predicted at …