Category: Highlights

OGDCL Begins Oil and Gas Production from Kharo-1 Well in Sindh

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KARACHI: Oil & Gas Development Company Limited (OGDC), Pakistan’s largest exploration and production (E&P) firm, has officially started oil and gas production from its Kharo-1 well in Khairpur, Sindh. The company made this announcement in a notice to the Pakistan Stock Exchange (PSX) on Wednesday. The Kharo-1 well is currently producing 20 barrels of oil per day (bpd) and five million standard cubic feet per day (mmscfd) of gas. The production has been connected to the OGDC Sinjhoro Processing Plant via a 6-inch, 12.5 km flow line, with the gas…

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Pakistan, China commit to top-notch CPEC 2.0

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pakistan china

ISLAMABAD: Pakistan and China have reaffirmed their commitment to high-quality development of the China-Pakistan Economic Corri­dor (CPEC) 2.0, with emphasis on industrialisation, Spe­c­ial Economic Zones (SEZs), clean ene­rgy, agriculture and livelihood projects. This was agreed between the two sides in the 5th meeting of the CPEC Joint Working Group on Inter­nat­ional Coope­ration and Coordination (JWG-ICC) held in Beijing, the Foreign Office spokesperson said in a statement on Saturday. The meeting was co-chaired by For­eign Secretary Amna Baloch and Chi­nese Vice Foreign Minister Sun Weidong. The meeting acknowledged the pivotal role…

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Govt cuts tariff on charging stations by 45%: Awais Leghari

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awais leghari

In a bid to improve electric vehicle (EV) charging infrastructure in Pakistan, the government has decided to cut the tariff for EV charging stations by 45%, announced Federal Minister for Energy Awais Ahmad Leghari on Wednesday. “We are striving to make EVs accessible to the masses. In this regard, the Power Division has taken a significant step. “The government has decided to reduce the electricity tariff for charging stations by 45%, lowering it from Rs71.10 to Rs39.40,” said Leghari, while addressing a press conference. Leghari said that due to high…

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OGDCL begins oil & gas production from Khairpur’s Kharo-1 well

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oil and gas

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, commenced production of oil and gas from its Kharo-1 well located in Khairpur district, Sindh. The E&P shared this development in its notice to the Pakistan Stock Exchange (PSX) on Wednesday. “We are pleased to announce that Kharo-1 well has been successfully brought into production,” said OGDCL in its notice. The E&P shared that the Kharo-1 well is currently producing 20 barrels per day (bpd) of oil and 5.0 million standard cubic feet per day (mmscfd)…

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Pakistan’s EO-1 Satellite set for launch from China

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EO-1 Satellite

Pakistan’s EO-1 Satellite set for launch from China signifying SUPARCO’s commitment to advance Pakistan’s space technology. Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) has announced the upcoming launch of Pakistan’s Indigenous Electro-Optical (EO-1) Satellite, which is scheduled for January 17, 2025, from the Jiuquan Satellite Launch Centre (JSLC) in China. This milestone launch demonstrates SUPARCO’s commitment to advancing Pakistan’s space science and technology capabilities, showcasing the country’s expertise and innovation in the field. The EO-1 satellite, developed locally, marks a significant step forward in Pakistan’s space technology sector. It is…

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