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Pakistan State Oil (Urdu: پاکستان ریاستی تیل) is a Pakistani petroleum corporation involved in marketing and distribution of petroleum products. [4] It has a network of 3,689 petroleum filling stations , out of which 3500 outlets serve the public retail sector and 189 outlets serve wholesale bulk customers.
Government agency executive. Masroor Khan, Chairman. Parent department. Cabinet Division. Website. ogra.org.pk. 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 ...
Pakistan Petroleum Limited (PPL) (Urdu: پاکستان پیٹرولیم) is a Pakistani state-owned petroleum company headquartered in Karachi. It operates major oil and gas fields, including the Sui gas field , has non-operating interests in other fields, and has an interest in an exploration portfolio onshore and offshore.
(Bloomberg) -- Pakistan’s government increased local fuel prices from Friday to meet a key condition set by the International Monetary Fund for reviving its bailout program after talks with the ...
It is located in Punjab Province, which area is located approximately 135 km southwest of the capital city of Islamabad. In 1964 the first well was drilled and commercial production started in 1967. There are about 60 million barrels of oil in place of which 12%-15% is recoverable. At its peak during 1986, the field was producing approximately ...
The gas field was discovered in the late 1952 and the commercial exploitation of the field began in 1955. Sui gas field accounts for 6% of Pakistan's gas production. [11] Remaining reserves are estimated to be at about 800 billion cubic feet (tcf) and the daily production is around 500 million cubic feet (14,000,000 m 3) of natural.
Amid these economic dynamics, Pakistan underwent a structural transition. The GDP share of agriculture declined from 53% in 1947 to 21.2% in 2010, while the GDP share of industry rose from 9.6% in 1949–50 to 25.4% in 2010. Additionally, the GDP share of the services sector increased from 37.2% in 1950 to 53.4% in 2010.
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] Previously a standalone ministry, the Petroleum Division was merged into the ...