
Pakistan’s Oil and Gas Production Continues to Decline Amid Weak Demand, Field Curtailments
KARACHI: Pakistan’s oil and gas production witnessed a continued downturn in April, with oil output falling by 14% year-on-year (YoY) to 58,890 barrels per day (bopd) and gas production dropping 8% YoY to 2,717 million cubic feet per day (mmcfd), according to official data released Monday. Cumulatively, during the first 10 months of the current fiscal year, oil production averaged 63,543 bopd (down 11%), while gas output averaged 2,917 mmcfd (down 7%). Analysts attribute the decline to forced curtailments at major fields like Nashpa and TAL blocks, amid lower domestic