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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.
NareliBalochistanPakistanDhurnalPunjabKilla-saifullahKandhkotSindhMakoriMardankhelNorth-west-frontierQadirpurBids for 20 E&P blocks auction to open on Jan 15
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The gap is being bridged through the increased import of LNG and LPG
ISLAMABAD (Dunya News) – The Petroleum Division (PD) is all set to open the bidding, received for the auction of 20 new oil and gas Exploration and Production (E&P) blocks, on January 15.
The tender inviting interested national and international companies to participate in the bidding process had been floated in national dailies on October 5, 2020.
The new blocks would be awarded in all the existing four zones I,II, III and I(F), namely Block-3068-6 (Killa Saifullah), Block-2762-2 (Desert), Block-3067-7 (Sharan), Block-3272-16 (Lilla) Block-3372-25 (Abbottabad), Block-3471-1 (Nowshera), Block-3372-26 (Hazro), Block-3273-5 (Jhelum), Block- 3372-27 (North Dhurnal), Block-2668-23 (Khewari East), Block-3068-9 (Nareli), Block-3068-10 (Block-28 North), Block-3170-11 (Dera Ismail Khan), Block-3069-9 (Suleiman), Block-3072-9 (Okara), Block-3171-2 (Nur
NareliBalochistanPakistanDhurnalPunjabHazroJhelumOkaraKilla-saifullahVehariSujawalSindh