Page 12 - பாக்கிஸ்தான் பெட்ரோலியம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Advertisement PGNiG has acquired a 25% interest in the Musakhel licence block in central Pakistan. The company estimates the licence resources at 16 billion m 3 of natural gas. ‘We are consistently expanding the PGNiG Group s exploration and production operations abroad. The interest acquired in the Musakhel licence block may significantly increase PGNiG s production potential in Pakistan and strengthen our position on the local energy market,’ said Pawel Majewski, President of the PGNiG SA Management Board. ‘The transaction is a farm-in deal in which we acquired the interest under an agreement with the licence partners and with the consent of the Pakistani government.This confirms that PGNiG s competence in hydrocarbon exploration and production is highly appreciated and that we managed to forge good relations with the local partners while implementing other upstream projects in Pakistan.’

North west frontierPawel majewskiPakistan petroleum ltdPgnig groupOilfield technologyGovernment holdings pvtOil gas development company ltdOil gas development companyGovernment holdingsPakistan petroleumNatural gasUsakhel licence blockOnshore gasGas explorationவடக்கு மேற்கு எல்லைபாக்கிஸ்தான் பெட்ரோலியம் லிமிடெட்