Senate body on petroleum discusses oil and gas drilling, third-party sales

Author: APP

The Senate Standing Committee on Petroleum met on Friday under the chairmanship of Senator Umer Farooq and discussed critical issues related to oil and gas drilling, third-party sales, and local development initiatives.

The committee received a detailed briefing on the drilling activities conducted by oil and gas companies over the past three years.

Senator Umer Farooq raised concerns about the outcomes of wells that have not been drilled for the past six months.

The Secretary of the Ministry of Energy, Petroleum Division, explained that although initial 2D and 3D surveys have been completed, maintaining a technical team and evaluating potential opportunities is a time-intensive process requiring careful deliberation.

The committee chairman requested that comprehensive details on each oil and gas company and their achievements be presented at the next meeting.

The discussion also covered the recommendations from the Petroleum Division regarding third-party sales in the Badin-IV South Block.

Share
Leave a Comment

Recent Posts

  • Pakistan

PTI leadership ‘reaches Adiala’ to meet Imran

  In a dramatic turn of events, top leadership of Pakistan Tehreek-e-Insaf (PTI) has reached…

1 hour ago
  • Pakistan

The march is on despite ‘crackdown

As PTI convoys from across the country kept on marching Islamabad for the party's much-touted…

6 hours ago
  • Pakistan

PM tasks Punjab, NA speakers with placating PPP

Prime Minister Shahbaz Sharif has instructed the speakers of the national assembly and Punjab's provincial…

6 hours ago
  • Pakistan

Kurram warring tribes agree on 7-day ceasefire

Following the government's efforts to ease tensions in Kurram, a ceasefire was agreed between the…

6 hours ago
  • Pakistan

Polio tally hits 55 after three more cases surface

In a worrying development, Pakistan's poliovirus tally has reached 55 after three more children were…

6 hours ago
  • Cartoons

TODAY’S CARTOON

6 hours ago