Significant new oil and gas reserve production to be added to Pakistan’s energy system

Significant new oil and gas reserve production to be added to Pakistan’s energy system
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*ISLAMABAD - Pakistan is likely to add another 12 million standard cubic feet per day of gas to its inventory, media report has revealed.*

The Mardankhel-2 well will increase domestic gas output by 12 million standard cubic feet per day (MMSCFD), besides adding 1,400 barrel of condensates to the national energy grid, the Hungarian oil and gas exploration company MOL said in a statement here on Thursday, Tribune has reported.

According to the statement, MOL Group’s Executive Vice-President (Upstream) Dr Berislav Gaso concluded his visit to Pakistan during which he discussed with government officials business prospects in Pakistan’s energy sector and ways and means for promoting public-private partnership.

During his stay in Pakistan, the press release stated, Dr Berislav Gaso held meetings with Minister for Energy (Petroleum Division) Ghulam Sarwar Khan and Minister of State for Interior Shehryar Khan Afridi.

Dr. Gaso apprised government officials about the recent commissioning of the Mardankhel-2 well.

MOL’s eandeavours, the press release stated, were appreciated by the Minister of Energy.

Terming Pakistan an important asset for the MOL Group, the press release quoted Dr Gaso as saying that the company was looking forward to further expanding its business in the country.

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