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.
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