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PGNiG acquires interest in gas exploration licence in Pakistan


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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.’ ....

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Bomb blast in hotel parking in Pakistan kills 5


updated: Apr 22 2021, 16:56 ist
A powerful bomb blast in the parking area of a luxury hotel in the restive southwestern Pakistani city of Quetta has killed at least five persons and injured 12 others, authorities have said, dismissing reports that the Chinese Ambassador was present in the building when the explosion occurred.
The blast took place in the parking lot of the Serena Hotel in Quetta on Wednesday night. Several vehicles parked in the area caught fire after the blast. According to some initial reports, the hotel was hosting Chinese Ambassador Nong Rong.
Quetta is the capital of Pakistan s Balochistan province.
Initial investigation has revealed the blast was caused when explosive material, fitted inside a car was detonated, said police. ....

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