KP’s Crude Oil Production Has Fallen by 34% Since 2018

Crude oil production in the major oil-producing province of Khyber Pakhtunkhwa has decreased by almost 34 percent during the last three and a half years of the PTI government and has gone down to 33,000 BPD from the earlier 50,000 BPD. Similarly, no significant addition was made to the gas production in the province during the incumbent government, and as of February 2022, the raw gas production in KP was 415 MMcf/d, according to official documents available with Pro Pakistani.

As per the official estimates, KP has proven reserves of 1.1 billion barrels of oil and 16 trillion cubic feet of gas but instead of increasing the production is on the reverse side.

In 2018, out of the total production of 92,000 BPD crude oil across Pakistan, the share of KP was approximately 50,000 BPD, which was more than 50 percent. In 2018, the provincial crude production used to hover above 50,000 BPD, which has now dropped to 33,000 BPD and is roaming between 33,096.11 BPD and 33,447.72 BPD, the document reveals.

Interestingly, the provincial government was planning to enhance the production of crude oil from 50,000 barrels per day (BPD) in 2018 to 200,000 barrels per day (BPD) by 2025. Similarly, it was also planned to increase the gas production from around 450 MMcf/d to 2,000 million cubic feet per day (MMcf/d) of gas.

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