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Up until 2014 there were only four Autogas stations operating in Pakistan serving around 1000 vehicles. LPG failed to attract attention of the investors and customers due to extremely cheap prices of CNG as Pakistan had huge Natural Gas reserves. Pakistan in a decade became the largest consumer of CNG.
It is 100% owned by the Government of Pakistan and operates under the Ministry of Petroleum and Natural Resources. The purpose of creating this company was to separate the regulatory and commercial functions to efficiently manage the Government's interest in petroleum exploration and production joint ventures which was previously managed by ...
Pakistan has received its first shipment of liquified petroleum gas from Russia, Moscow's embassy in Islamabad said on Tuesday, marking Islamabad's second major Russian energy purchase.
Pak-Arab Refinery Limited is a member of Oil Companies Advisory Council of Pakistan. In September 2012, Pak-Arab Refinery completed its first acquisition by acquiring 100% shareholding of SHV Energy Pakistan, which prior to the acquisition was Pakistan's largest LPG marketing company and PARCO
Natural gas production is at a relatively high level and remaining reserves are estimated to be about 885.3 billion cu m (1 January 2009 est.). Pakistan's gas fields are only expected to last for about another 20 years at the most due to heavy industrial usage. [10] [11] The Sui gas field is the biggest natural gas field in Pakistan.
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Oil & Gas Regulatory Authority (Urdu: اختیاریہ برائے ضابطہَ تیل و گیس, abbreviated as OGRA) is an agency of the Government of Pakistan, responsible for regulating the oil and gas sector in Pakistan. It was established in 2002. [1] [2]
In 2004, OGDC was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 32 per share. [8] On 4 May 2009, the government of Pakistan appointed a Citigroup-led consortium to advise the state-run Privatisation Commission on the sale of 10 to 15 percent (or 430 to 645 million shares) of the company ...