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At its peak during 1986, the field was producing approximately 2,400 barrel of oil per day. It has grown steadily since then, producing both oil and, to a lesser degree, natural gas. [3] Oil production was entirely confined to the Punjab till 1981, when Union Texas Pakistan discovered its first oil-field in Lower Sindh. By 1998-1999, the Lower ...
Pakistan's gas fields are only expected to last for about another 20 years at the most due to heavy industrial usage. [12] [13] The Largest Gas Producing province of Pakistan is Baluchistan. The Sui gas field is the biggest natural gas field in Pakistan. It is near Sui in Balochistan. The gas field was discovered in the late 1952 and the ...
In October 2002, the Government of Pakistan sold its 34.76 percent stake in Pakistan Oilfields to general public for PKR 180 per share. [ 6 ] [ 7 ] In 2005, Paksitan Oilfields acquired a 25 percent share in National Refinery Limited, which is the only refining complex in the country producing fuel products as well as lube base oils.
Oil & Gas Development Company Limited, commonly known as OGDC, is a Pakistani state-owned oil and gas company headquartered in Islamabad. [2] It is listed on the Pakistan Stock Exchange and the London Stock Exchange. [3] It is the largest company in Pakistan in terms of market capitalisation, [4] and has repeatedly ranked among the Forbes ...
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In 2005, it received oil marketing license from the government. [4] In 2014, Hascol was listed on the Karachi Stock Exchange. [4] In 2017, the company announced that it was investing US$20 million, in collaboration with Fuchs, to set up a new plant in Bin Qasim, Karachi. [5] In the same year, it became second-largest oil marketing company in ...
Attock Refinery Limited (Urdu pronunciation: [a.ˈʈʌk rɪˈfaɪn.ər.i] ah-TUCK-ri-FINE-uh-ree) is a Pakistani oil refinery headquartered in Rawalpindi. It is a subsidiary of UK-domiciled Attock Oil Company. It is the oldest oil refinery of Pakistan. [2] It is listed on Pakistan Stock Exchange. [3]
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