Bid to overcome energy shortage: OGDCL to develop five oil, gas fields: MD

Oil and Gas Development Company Limited (OGDCL) Managing Director Naeem Malik on Wednesday pledged to develop five oil & gas fields in a bid to produce 400 mmcfd natural gas and 500 tons per day LPG to overcome energy shortage. "I hope to produce 8000 to 9000 barrels per day oil from new fields also," Naeem Malik said in an exclusive interview with Business Recorder.
He said that OGDCL had increased gas production from its fields to 953 mmcfd in February 2011 from 790 mmcfd in August 2010. "The oil production has been hiked from 33,128 barrels per day to 38,373 barrels per day and LPG from 118 tons per day to 124 tons per day," he said.
Oil and Gas Development Company Limited had also started remarkable work on Zin field which development was being delayed for the last two decades. He maintained that Zin field had potential of trillion cubic gas reserves. "The work on Zin field will also help to initiate work on four other blocks," he said, adding that "we have completed construction of 35 kilometres road and access to water has also been ensured. "The rig is ready to start work on Zen field," he added.
He maintained "I have taken measures to start work on those fields which development has been delayed due to power full Mafia which role is like that of terrorists." He said that OGDCL had taken initiatives to develop five fields including Kunnar Pasakhi Deep (KPD), Sanjaro, Jhal Magasi, Dakhni Expansion and Uch-11 projects. OGDCL has signed Gas Sales Agreement (GSA) with power producer from Uch-11 gas field that will produce 160 mmcfd gas.
Malik maintained that OGDCL would produce 280 mmcfd gas and 350 tons per day LPG from KPD and Tando Allahyar fields. He said that OGDCL would shift its plants of Dhodhak gas field to Sanjaro field. "We will work in two phases on Sanjaro field as in first phase dehydration plant and LPG plant would be installed and compressors would be set up in next phase for full production," he added.
He said OGDCL had adopted a transparent formula being applied for many decades to award contracts of KPD and Uch-11. "Earlier, 20 percent marks were applicable for price bid and 80 percent for technical proposal which I have amended to make more 'balanced formula' by raising price bid mark to 30 percent and reducing technical proposal mark to 70 percent," he said.
He said many multinational companies including Asian Development Bank (ADB) and World Bank were following this formula in award of contracts. "The formula is even approved also by Public Procurement Regulatory Authority (PPRA)," Naeem Malik said and ruled out extending favour to any party through this formula. He said that OGDCL had received more than 12 bids for Uch-11 and KPD projects and only one party had expressed dissatisfaction over the revised bids formula. "We have hired two consultant firms - ILF and Enar to evaluate bids submitted for these two fields to ensure transparency during award of contract," he said.