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Crude oil production falls in third quarter - Newspaper


KARACHI: The country’s domestic crude oil production in 3QFY21 fell by six per cent year-on-year to 77,139 barrels oil per day due to sharp fall in Makori Deep, Mardankhel and Maramzai’s production.
These three fields belong to Tal Block (operated by MOL Pakistan), of which production in total has declined by 13pc to 17,840 barrels per day in January-March quarter compared to 20,597 bpd in the same period last year. The decline in production from Tal Block was contained to 13pc due to 3pc increase in oil production from Makori East (which contributes 54pc to Tal Block and 12pc to country’s production). ....

North West Frontier , Shankar Talreja , Makori Deep , Tal Block , Makori East , Topline Securities , Such Field , வடக்கு மேற்கு எல்லை , ஷங்கர் தலிரெஜா , தால் தொகுதி , மேல் வரி பத்திரங்கள் ,

Oil, gas production continues to fall


Oil, gas production continues to fall
Output drops due to depletion of reserves, no big find in a decade
KARACHI:
Pakistan’s oil and gas production has continued to drop due to depletion of existing reserves while exploration firms have frequently failed to find large hydrocarbon deposits to bridge the deficit for over a decade.
The country’s reliance on fuel imports is on the rise, which consumes a significant amount of foreign currency reserves. Demand for oil and gas has grown with a gradual pickup in economic activities, including industrial production and agricultural harvests, following a reduction in Covid-19 cases. ....

North West Frontier , Engro Powergen , Pakistan Stock Exchange , Gas Development Company Limited , Topline Research , Pakistan Bureau Of Statistics , Makori Deep , Kunnar Pasakhi Deep , Pakistan Bureau , வடக்கு மேற்கு எல்லை , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , வாயு வளர்ச்சி நிறுவனம் வரையறுக்கப்பட்டவை , மேல் வரி ஆராய்ச்சி , பாக்கிஸ்தான் பணியகம் ஆஃப் புள்ளிவிவரங்கள் , பாக்கிஸ்தான் பணியகம் ,

Govt awards 15 new blocks to local firms


Govt awards 15 new blocks to local firms
Aims to reduce country’s heavy reliance on import of energy
PHOTO: REUTERS
The government has provisionally awarded 15 new blocks to four local oil and gas exploration companies to find new hydrocarbon deposits nationwide and reduce Pakistan’s heavy reliance on import of energy.
The state-owned Oil and Gas Development Company Limited (OGDC) won 10 blocks out of the 15 awarded through competitive bidding by the government, Mari Petroleum Company Limited (MPCL) and OKTL E&P acquired two blocks each while Pakistan Oilfield Limited (POL) secured one block, an official of the Ministry of Energy (Petroleum Division) told The Express Tribune on Wednesday. ....

Killa Saifullah , North West Frontier , Assad Rabbani , Saad Hashmi , Imran Khan , Petroleum Concessions , Ministry Of Energy Petroleum Division , Mari Petroleum Company Limited , Ministry Of Defence , Ministry Of Energy , Mari Petroleum Company , Pakistan Stock Exchange , Pakistan Oilfield Limited , Gas Development Company Limited , Topline Research , Petroleum Division , Express Tribune , Mari Petroleum Company Secretary Assad Rabbani , Executive Director Saad Hashmi , Prime Minister Imran Khan , Pakistan Oilfields , North Dhurnal , Makori Deep , கில்லா சைபுல்லா , வடக்கு மேற்கு எல்லை , அசாத் ரப்பானி ,

Chronic energy crisis persists


Chronic energy crisis persists
Gas shortfall triggered prolonged CNG fuel crisis for the transport sector and sparked announced and unannounced gas load-shedding in industrial and residential areas. PHOTO: FILE
The energy crisis has continued to persist in Pakistan at a time when demand for oil and gas is on a rise following a rebound in industrial production and exports in the middle of the Covid-19 pandemic.
“The oil and gas production fell 6% and 4%, respectively, in the second quarter (Oct-Dec) of fiscal year 2021 despite new productions from five oil fields and four gas fields was added in the system,” according to a Topline Research report. ....

Tando Allahyar , North West Frontier , Topline Research , Saturday January , Makori Deep , Makori East , Tando Allay Yar , Bolan East , வடக்கு மேற்கு எல்லை , மேல் வரி ஆராய்ச்சி , சனிக்கிழமை ஜனவரி , போலன் கிழக்கு ,