No doubt, shy investment in oil and gas sector and the security concerns in the province have been the key reasons for slower growth of the sector, but there is presumably another issue related to Iran’s reservation and concern over …
Read More »Strong grains in oil and gas exploration in four years
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 …
Read More »KPOGCL- Becoming an attraction for investors
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 …
Read More »Native oil and gas discovery – self-support to cater future needs
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 …
Read More »Pakistan need to build self-esteem in oil and gas exploration and production
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 …
Read More »Pakistan’s energy landscape must put in order to meet future realities and challenges
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 …
Read More »Oil & Gas from exploration to consumption (facts & Figures)
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 …
Read More »OGDCL posts enhanced financial results in March 2018
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 …
Read More »Emerging markets with fossil fuels need to rethink growth strategies. Here’s why
This article is part of the World Economic Forum’s Geostrategy platform Over half of the world’s least developed and lowest income countries are currently exploring for oil and gas or hoping to expand existing production. Yet tightening climate policies and shifting …
Read More »Stand In Need Of Effective Policy On Consumer Protection Rights
“Consumers, by definition, include all of us. They are the largest economic group in the economy, affecting almost every public and private economic decision. But they are the only important group whose views are often not heard”. (John F. Kennedy, …
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