Gas production down, oil output up in FY2021

Gas production down, oil output up in FY2021
July 10, 2021
KARACHI: Gas production was marginally down to 3.51 million metric cubic feet per day (mmcfd) during the last fiscal year compared to 3.58 mmcfd a year earlier while annual oil output increased 24 percent to 75,575 barrels per day, according to a brokerage report.
Overall, it declined two percent from 1.3 mmcf to 1.28 mmcf, a Topline Research report said on Friday. The biggest declined in production of 17 percent from Kandhkot, followed by 13 percent in Qadirpur, and 4 percent in Kunar Pasakhi Deep, the brokerage said, citing official data. Gas output from Mari, however, increased 7 percent and from Nashpa the growth was 8 percent.

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