New gas reservoir discovered in Khirthar Foldbelt, Shukhpur

Attention: open in a new window. PDFPrintE-mail

PPl 2

ISLAMABAD - Pakistan Petroleum Limited (PPL) in joint venture with Kuwait Foreign Petroleum Exploration Company (KUFPEC) discovered a new gas reservoir in the Kirthar Foldbelt.

During the production testing, gas flowed at 33 million cubic feet per day highlighting an excellent potential for future energy needs of the country.

The director general petroleum concessions told the Minister for Petroleum and Natural Resources Sohail Wajahat H Siddiqui that Eni Pakistan in joint venture with the PPL and KUFPEC has made a new discovery of the gas reservoirs in the Kirthar Foldbelt through Lundali-I well located in the Sukhpur block, 270 km north of Karachi. The Landali-I is a 2,660 meters deep well.

It was further said the discovery will be appraised and subsequently be commercialised through an early production scheme, making gas possible supply within three years.

The minister for petroleum appreciated the efforts of everyone involved in discovery of the new gas reservoirs and said this discovery is good news for the nation and the energy sector of Pakistan. - See more at: http://www.pakistantoday.com.pk/2013/05/04/news/profit/new-gas-reservoir-discovered-in-khirthar-foldbelt-shukhpur/#sthash.HOoGuxGn.dpuf

Courtesy: Pakistan Today


Forex open Market rates & comments Archive

Login Form