ISLAMABAD – The chairman of ExxonMobil, one of the world’s largest publiclytraded international oil and gas company drilling in the Arabian Sea todiscover oil and gas reserves, has reached Islamabad with a reportregarding the update of drilling process.
The ExxonMobil delegation also called on Petroleum Minister Omar Ayub andMinister for Maritime Affairs Ali Haider Zaidi in Islamabad on Tuesday.link[image: View image on Twitter]link:View image on Twitter]link:View image on Twitter]link
linkMinistry of Maritime Affairs, Govt of Pakistan@MaritimeGovPKlinklink
ExxonMobil Chairman Alex Volkov with his team called on the Min of Maritime@AliHZaidiPTI link in Islamabad today.Productive discussions took place on the LNG requirements in Pakistan & theoffshore drilling project off the coast of Karachi.
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ExxonMobil chairman Alex Volkov, along with his team, held productivediscussions with the ministers relating to LNG requirements in Pakistan andthe offshore drilling project off the coast of Karachi.
Petroleum Minister Omar Ayub said that the government will fully facilitateforeign investors in the country. He said that many employmentopportunities will be generated after exploration of energy resources inPakistan.
Speaking on the occasion, Special Assistant for Petroleum Nadeem Babar saidthere are bright chances of energy resources from Kekra-I in the sea.
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He said the government will fully cooperate for independent and securedinvestment in the country.
The ExxonMobil chairman is also scheduled to meet Prime Minister ImranKhan. He will apprise him of the outcomes of drilling process currentlyunderway at Karachi sea.
Pakistan found signs of success in the ongoing oil and gas drilling in thedeep sea. The details suggest that a kick pressure was felt during theultra-deep drilling in Kekra-1 area of the Arabian Sea. The kick pressuremeans presence of huge gas reserves.
It is anticipated that gas discovery will yield gas flows which can bebigger than Sui field.
Let it be known that 3000-meter drilling has been completed so far in thesea and will continue to over 4000 meters. Pakistan Petroleum (PPL), Oil &Gas Development Co (OGDCL), ENI and ExxonMobil are carrying out thedrilling.
