Tag: Liquified Natural Gas
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OGDCL confirms gas discovery near Ghotki, Sindh
On Wednesday, the Oil and Gas Development Company Limited (OGDCL) announced the finding of gas from an exploration well near Ghotki, Sindh. “The joint venture (JV) of Guddu Block comprising Oil & Gas Development Company Limited as an operator (70 per cent), SPUD Energy PTY Limited (SEPL) (13.5 per cent), IPR Transoil Corporation (IPRTOC) (11.5…
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Govt considering gas import contract with countries including Russia
Pakistan is in talks with multiple countries, including Russia, to sign a liquefied natural gas (LNG) import agreement in order to alleviate the country’s ongoing energy supply crisis. According to Bloomberg, the Ministry of Energy will go for the ‘most favourable deal’ and is considering government-to-government contracts for importing the gas. This action came as…