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Markets Print edition: 2024-04-24

PPL augments production

Published Updated

KARACHI: Pakistan Petroleum Limited (PPL) has announced a substantial augmentation in its production output, with the addition of 17 million standard cubic feet per day (mmscfd) of gas and 530 barrels per day (bpd) of oil/condensate to its portfolio.

This achievement underscored PPL’s unwavering commitment to bolstering the nation’s energy security.

This additional indigenous hydrocarbon production, achieved through cost-effective measures, is poised to significantly narrow the energy demand and supply gap while saving valuable foreign exchange reserves for the nation.

Copyright Business Recorder, 2024

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