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Federal govt increases oil, gas production: Officials

BusinessFederal govt increases oil, gas production: Officials
Business
By Mati

ISLAMABAD, Pakistan: The federal government is pursuing a comprehensive strategy to increase local production of oil and gas in the country.

According to officials, record 227 wells had been drilled which resulted in 65 new oil and gas discoveries since the Pakistan Muslim League Nawaz (PML-N) government took over the charge, Radio Pakistan reported.

Around 560 mmcfd of additional gas and 27,000 bpd of oil had also been injected in the system with the new discoveries.

Domestic oil production touched the highest level of 100, 698 barrels of oil per day in December last year.

The government has tasked Oil and Gas Development Company and Pakistan Petroleum Company to carry out a pilot project to explore shale gas deposits.

Source: APP

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.
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