OGDCL Boosts Local Oil and Gas Production to Reduce the Import Bill – Startup Pakistan

OGDCL has announced a significant increase in local oil and gas production, particularly from Kunar Well No. 11 in Sindh, which is now yielding 960 barrels of oil per day. This boost in production is part of a larger effort to lower the country’s import bill by $3.19 million, providing substantial economic benefits.

In addition to the achievements at Kunar Well No. 11, OGDCL recently revived production at Nashpa-4 Well in Khyber Pakhtunkhwa. This well is producing 330 barrels of oil, 7.7 million cubic feet of gas, and 21 metric tons of LPG every day. The production at Nashpa-4 is a significant step in enhancing the country’s energy supply and reducing dependence on imports.

This increase in production is not just a standalone effort by OGDCL; it is part of a joint venture with Pakistan Petroleum Limited (PPL) and Government Holdings Private Limited (GHPL). Together, these organizations are working to inject additional gas into the Sui Northern Gas Pipelines Limited (SNGPL) network.

This additional gas supply will help stabilize the gas availability for both households and industries across Pakistan, ensuring a more reliable and steady energy supply.

OGDCL’s initiatives are critical in supporting the country’s energy needs and economic stability. By increasing local production, they are helping to mitigate the impact of global energy price fluctuations and reducing the financial burden of importing oil and gas. The collaborative efforts with PPL and GHPL also highlight the importance of partnerships in achieving national energy goals.