Month: August 2024

OGDCL Launches Pakistan’s First-Ever Tight Gas Production

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ogdcl

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), a state-owned enterprise, has successfully initiated the early commercial production of tight gas from Pakistan’s first Tight Gas project at Nur West Well-1, located in Sujawal district, Sindh. The Nur West Well-1, part of the Nur Development & Production Lease, is currently producing 1.5 million standard cubic feet per day (mmscfd) of gas, with a wellhead flowing pressure of 1050 PSI. The gas, sourced from the Lower Guru formation (‘A’ Sand), has been seamlessly integrated into the Sui Southern Gas Company…

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Petrol and Diesel Prices Expected to Drop by Up to Rs9 per Litre

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Petrol-price

ISLAMABAD: The prices of major petroleum products, including petrol and high-speed diesel (HSD), are expected to decrease by up to Rs9.20 per litre for the second half of August, driven by declining international prices. According to informed sources, international prices for petrol and HSD have dropped by over $3 per barrel in the past two weeks. This reduction could result in a price decrease of Rs8.50-9.30 per litre for petrol and Rs8-9 per litre for HSD, depending on the final exchange rate and existing tax calculations. The average international price…

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WAPDA Prepares for Swat River Diversion at Mohmand Dam Project

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Mohmand-Dam

The Water and Power Development Authority (WAPDA) is on the brink of a major milestone at the Mohmand Dam Hydropower Project, as the diversion tunnels have been completed, setting the stage for the diversion of the Swat River in the coming days. The river diversion will follow the finalization of the river-closure-dyke, despite the challenges posed by the high-flow season. In light of this progress, WAPDA Chairman Engr Lt Gen Sajjad Ghani (Retd) visited the project site to assess the ongoing construction activities. His inspection included detailed visits to various…

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Sindh Chief Minister Syed Murad Ali Shah Visits Indus Motor Manufacturing Hub, Reaffirms Support for Local Auto Industry

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murad-ali-shah

KARACHI (August 12) – Sindh Chief Minister Syed Murad Ali Shah visited Indus Motor Company’s (IMC) manufacturing facility at Port Qasim Authority, emphasizing his government’s commitment to fostering the large-scale production of hybrid electric vehicles (HEVs) in Pakistan. During his visit, Chief Minister Shah toured IMC’s state-of-the-art facility and received a comprehensive briefing on the latest production processes, including the globally renowned Toyota Production System. IMC, a key player in Pakistan’s automotive industry, has been a driving force behind the “Make in Pakistan” initiative, promoting localization and introducing fuel-efficient, environmentally…

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OGDCL Announces Commencement of Production from Pakistan’s First-Ever Tight Gas Project

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ogdcl

ISLAMABAD, August 12, 2024: Oil and Gas Development Company Limited (OGDCL) on Monday announced the successful commencement of early commercial production of Tight Gas from Pakistan’s first-ever Tight Gas project, Nur West Well-1 at the Nur Development & Production Lease (D&PL), located in the Sujawal district of Sindh.The Nur West Well-1 is currently producing 1.5 Million Standard Cubic Feet per Day (MMSCFD) of gas with a wellhead flowing pressure of 1050 PSI. The gas is sourced from the Lower Guru formation (‘A’ Sand) and has been seamlessly integrated into the…

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