AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

ISLAMABAD: The Ministry of Petroleum and Natural Resources is making all out efforts to accelerate oil and gas exploration activities in different potential areas of the country for achieving self-reliance.

According to official sources, the country is presently producing 15 percent of the total oil consumption, while a huge amount is spent on oil import to meet the day to day demand.

The total number of oil and gas fields is around 150 throughout the country, out of which 125 are giving production, while 21 are under evaluation and "four fields are dormant."

The current production of oil and gas from Balochistan province is 98.52 barrels per day and 745,81 million cubic feet per day respectively.

Pakistan Petroleum Limited (PPL) and Oil and Gas Development Company Limited (OGDCL) are producing oil and gas from Pirkoh, Loti and Uch leases falling in the district Dera Bugti.

The sources said that both the companies had been spending substantial amount voluntarily on welfare projects being executed in these areas like health, education and water supply.

They said PPL had appointed 418 employees during last three years adding that oil and gas companies operating in the country should give priority to local people where exploration activities were carried out.

During the period, PPL has spent Rs 430 million under the welfare projects in health, education and infrastructure development sectors.

Whereas, there are 1402 employees in OGDCL from Balochistan province. "This comes to 8.71 percent of its total number to employees against the provincial quota of six percent, showing an excess of 2.71 percent."

The sources said Rs 135.815 million have been allocated in the current budget to provide electricity to 110 villages of Balochistan province.

Copyright APP (Associated Press of Pakistan), 2011

Comments

Comments are closed.