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OGDCL strikes oil in the Sindh

A report in the Daily Times indicates Pakistans Oil & Gas Development Co Ltd (OGDCL) has struck o...

OGDCL strikes oil in the Sindh

Citing an official with the ministry of petroleum and natural resources, the report stated the discovery was at the Hakim Dahu-2 well at the Sonjoro block. The acreage is located 25 km from Sanghar.

According to the insider, “With the latest discovery, Pakistan [will] have an additional 400 barrels per day condensate oil and 15 to 16 million cubic feet per day gas [and will] substantially help reduce the import bill of oil.”

“However, its exact impact on the Pakistan economy is being worked out and [will] be formally announced later,” added the informant.

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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