Author: Admin

OGDC Announces Gas Discovery at Sahito-1 Exploratory Well in Khairpur, Sindh

Admin
New-Project127

ISLAMABAD, March 26, 2026: Oil and Gas Development Company Limited (OGDC) on Thursday announced a significant gas discovery at its Sahito-1 exploratory well in the Khewari Exploration License, located in the Khairpur district of Sindh.Based on wireline logs interpretation results, the sands of Lower Goru Formation (Massive Sand) were tested using Drill Stem Testing (DST) and yielded a promising flow of 17.2 million standard cubic feet per day (MMSCFD) of gas. The well recorded a wellhead flowing pressure (WHFP) of 3,390 pounds per square inch (psi) at a choke size…

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Asian Nations Turn to Russian Oil as Middle East Crisis Disrupts Supplies

Admin
OIl-Price

MOSCOW: A growing number of fuel-dependent Asian countries are seeking to secure Russian oil supplies as disruptions caused by the Iran war constrain global energy flows, raising concerns that demand could outpace available supply. Countries including Vietnam, Thailand, the Philippines, Indonesia and Sri Lanka have recently shown increased interest in Russian crude, joining major buyers such as India, China and Turkey. Since the Ukraine war led European nations to reduce reliance on Russian energy, India and China alone have accounted for nearly 80% of Russia’s oil exports. Kremlin spokesman Dmitry…

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Civil-Military Leadership Aligns on Energy, Security Strategy Amid Regional Crisis

Admin
New-Project126

ISLAMABAD: Pakistan’s top civil and military leadership on Thursday agreed on a unified national strategy to address mounting energy, economic and security challenges stemming from the ongoing Middle East crisis and global oil market volatility. A high-level consultative meeting chaired by President Asif Ali Zardari at Aiwan-e-Sadr was attended by Prime Minister Shehbaz Sharif, Chief of Army Staff Field Marshal Syed Asim Munir, Deputy Prime Minister/Foreign Minister Ishaq Dar, and other senior cabinet members and officials. The meeting reviewed the impact of rising global oil and gas prices on Pakistan’s…

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PSO, Oman Explore Additional Oil Supplies to Strengthen Energy Security

Admin
PSO-Head

ISLAMABAD: Pakistan State Oil (PSO) and Oman Trading International are engaged in constructive discussions to secure additional oil cargoes as Pakistan seeks to ensure stable energy supplies amid evolving regional dynamics. In March, Pakistan imported three petrol cargoes and one diesel shipment from Oman, with two more petrol cargoes expected to arrive later this month, reflecting growing energy cooperation between the two countries. The development was discussed during a meeting between Federal Minister for Petroleum Ali Pervaiz Malik and Oman’s Ambassador to Pakistan, Fahad Bin Sulaiman Bin Khalaf Alkharusi. Both…

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Govt Considers Preservation Mode for RLNG Power Plants Amid Gas Shortfall

Admin
lng

ISLAMABAD: The government is considering placing RLNG-fired power plants with a combined capacity exceeding 3,600MW on preservation mode due to challenges in securing imported gas at affordable rates, particularly after supply disruptions linked to Qatar’s force majeure declaration. According to official sources, the power sector currently requires around 350 MMCFD of RLNG, but only about 80 MMCFD is being supplied by Sui Northern Gas Pipelines Limited (SNGPL). At present, this limited supply is being directed to a single power plant, with concerns that availability may decline further as no new…

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