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On 28 March 2002 the Federal Government of Pakistan established Oil and Gas Regulatory Authority (OGRA), in pursuance of the Oil and Gas Regulatory Authority Ordinance, 2002. The Natural Gas Regulatory Authority (NGRA) was subsumed by the OGRA, all properties and works done by the NGRA were transferred to and protected under the OGRA Ordinance.
During the fiscal year ended 30 June 2006 the company made several oil and gas discoveries, including at Nim-1, Dars Deep-1, Tando Allah Yar North-1, Kunnar Deep-1 and Bahu-1. OGDCL's daily production, including share from joint ventures, averaged 39,659 barrels (6,305.3 m 3 ) of oil; 937 million cubic feet (26,500,000 m 3 ) of gas, and 358 ...
The Petroleum Division, part of Pakistan's Ministry of Energy, is tasked with ensuring a secure and sustainable supply of oil and gas to meet the country's economic and strategic needs. It also oversees the development of natural energy resources and minerals. [1]
Attock Petroleum started its operations in 1998 and is third largest oil marketing company in Pakistan as of 2018. [5] [2] In 2005, Attock was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 57.75. [6] [7]
LPG has a typical specific calorific value of 46.1 MJ/kg compared with 42.5 MJ/kg for fuel oil and 43.5 MJ/kg for premium grade petrol (gasoline). [13] However, its energy density per volume unit of 26 MJ/L is lower than either that of petrol or fuel oil, as its relative density is lower (about 0.5–0.58 kg/L, compared to 0.71–0.77 kg/L for ...
PSO is the first public company in Pakistan to pass the PKR 1 trillion revenue mark. Pakistan State Oil has been a member of the World Economic Forum since 2003. [6] Its primary listing is on the Pakistan Stock Exchange. [6] The State-owned Pakistan State Oil Co. has 3,500 petrol pumps. Where as Cnergyico has 982 petrol pumps, Total Parco ...
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
The average cost of a litre of petrol and diesel fuel in Russia is about 45 ₽ per litre. The cost of a litre of LPG is from 24 ₽ to 30 ₽, while fuel consumption is almost the same. In 2022, LPG prices fell down since January to 16-17 ₽ per litre, or even till 11-12 ₽ in some regions.